Because there was no other bill that would have had a chance to get passed on time before the Aug 2nd date. A bill with the required 4 trillion in cuts with 1 trillions in tax loophole fixes was presented which would have went MUCH further to fixing our fiscal issues was already shot down by the Tea Party. It was an excellent deal for anyone truly concerned with the budget, but no they killed it out of sheer stubborn principle. Politics over country on full display. So like I said....if you can't see how the Tea Party had a hand in this and feel the need to blame Obama 100% then you should never try to act like you are objective or rational.
There was anothe bill. It was sitting on Reids desk. In fact it had been sitting there for nearly 2 weeks. Too bad Reid killed it out of stubborn principle. Political ideology over country on full display. Yea, this party is on a two way street.
And the fact that Obama waited till the last damn minute to push his party into this debate is nobodys fault but his own.