Tennessee Rep. Diane Black shares her thoughts on the impending debt ceiling deadline on August 2. A member of the House Ways and Means Committee and House Budget Committee, Black believes President Obama’s meeting on Thursday will be fruitless unless he agrees to avoid raising taxes. Black wants to know why Obama didn’t think tax increases were a good idea in December but now wants one trillion dollars in new taxes. What plans do the Republicans have for reform? What are they demanding in return for a short-term increase in the debt ceiling? We discuss it all with Rep. Black.
