Obama threatens veto of House GOP spending cuts (AP)

[DaFozz]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20110719/ap_on_bi_ge/us_debt_showdown"><img src="http://d.yimg.com/a/p/ap/20110716/capt.4114178a8184421497d4413ed70e0a72-4114178a8184421497d4413ed70e0a72-0.jpg?x=130&y=119&q=85&sig=zwmDEPk7_rDmINc5kTtpxw--" align="left" height="119" width="130" alt="House Speaker John Boehner of Ohio, right, speaks during a news conference with House Majority Leader Eric Cantor, R-Va., left, on Capitol Hill in Washington, Friday, July 15, 2011. (AP Photo/Susan Walsh)" border="0" /></a>AP - Courting confrontation and compromise alike, House Republicans shrugged off President Barack Obama's threat to veto legislation to cut federal spending by trillions of dollars on Monday while simultaneously negotiating with him over more modest steps to avert a potential government default.</p><br clear="all"/>

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