Analysis: Parties maneuvering on debt and Medicare (AP) – 1863th Edition

6 06 2011

FILE - In this June 3, 2011 file photo, President Barack Obama speaks in front of a Jeep Wrangler at Chrysler Group's Toledo Assembly complex in Toledo, Ohio. As Obama pushes his economic agenda, his re-election chances bank on more than job growth. They also depend on how well he can remind people that he inherited a recession and that compared with the early days of 2009, the country is in a better place. (AP Photo/Paul Sancya, File)AP – The threat of a first-ever default by the federal government is pushing President Barack Obama and Republicans toward a sweeping agreement to cut government spending and increase the Treasury’s borrowing authority. Yet a perennial partisan struggle over Medicare drives them apart.

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