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This is the political scene, a weekly conversation with New Yorker

writers and editors about politics. It's Thursday, February 28th. I'm Dorothy Wickendon,

executive editor of The New Yorker. In the summer of 2011, President Obama and Speaker of the

House, John Boehner, tried to reach a grand bargain, as it was called, on taxes and spending.

Obama spoke just before the deal fell through.

I think Speaker Boehner has been very sincere about trying to do something big.

I think he'd like to do something big.

His politics within his caucus are very difficult.

And then this was Boehner's explanation on 60 Minutes right afterward about what went wrong.

I wasn't going to be for higher taxes, and the president wasn't going to cut spending as he should.

I just told the president, Mr. President, I'm not going there. I can't do that.

So the grand bargains failure led to the $60 billion

...