Why does this feel like we’ve been here before? Eric Cantor (R-VA) and John Kyl (R-AZ) abandoned out of the so-called bipartisan budget negotiations, because Democrats refused to cave-in across the board to Republican blackmail. This isn’t the first time Republicans have pretended to negotiate in good faith only take their toys and dessert the sandbox, when a solution appeared near. Who can forget how Grassley abandoned health care negotiations and bragged about stalling the process long enough to hold their infamous town halls, where Republicans confused the public with lies about “killing granny”, among others. Republicans walked out of the Financial Crisis Inquiry Commission, and issued their own report, saying Wall Street did not cause the crisis. That’s the tip of the iceberg. For Republicans, the meaning of “bipartisanship” is somewhat obscene.

Republicans on Thursday pulled out of bipartisan talks aimed at finding a way to raise the federal debt ceiling and cut trillions of dollars from future federal budget deficits, triggering fresh fears of deadlock that could roil financial markets and kick the economy back into recession. House Majority Leader Eric Cantor, R-Va., and Senate Minority Whip Jon Kyl, R-Ariz., said they wouldn’t participate further because Democrats were pushing for higher taxes in any agreement. The Republicans’ withdrawal from the seven-week-old negotiations, chaired by Vice President Joe Biden, staggered but didn’t doom prospects for a deal…

Inserted from <Kansas City Star>

Lawrence O’Donnell provides more information and interviews Nancy Pelosi.

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Did you notice how Pelosi set her jaw when talking about Cantor’s announcement?

Ed Schultz covers the walkout with Ezra Klein.

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