"This was an extraordinarily fair deal. If it was unbalanced, it was unbalanced in the direction of not enough revenue," Obama said. "It is hard to understand why Speaker Boehner would walk away from this kind of deal."
Boehner told his Republican colleagues the White House was "simply not serious about ending the spending binge that is destroying jobs and endangering our children's future." A deal was "never really close," he wrote late Friday.
The two leaders had built a cordial relationship during both the budget agreement in April and the weeks-long debt ceiling talks.
But Obama chided the Ohio Republican, saying that at times Friday he could not even get a phone call returned.
"I've been left at the altar now a couple of times," he said. "And I think that one of the questions that the
Republican Party's going to have to ask itself is, can they say yes to anything?"
Framing the issue in political terms, he said Democrats have "shown ourselves willing to do the tough stuff, on an issue that Republicans ran on."
"So far I have not seen the capacity of the House Republicans in particular to make those tough decisions. And so then the question becomes, where's the leadership, or alternatively, how serious are you actually about debt and deficit reduction, or do you simply want it as a campaign ploy going into the next elections?"
Obama called the congressional leadership from both parties to the White House at 11 a.m. Saturday. Neither the House or Senate was due to be in session.
With the likelihood of a significant deal now likely scuttled, Obama said he would be willing to accept a "clean" debt ceiling increase "if they tell me that's the best they can do."
The parties could turn back to a legislative maneuver outlined by Senate Minority Leader
Mitch McConnell that had been seen as a fail-safe option.
"It's time now for the debate to move out of a room in the White House and on to the House and Senate floors where we can debate the best approach to reducing the nations unsustainable debt," McConnell said in a statement.