Monday, January 14, 2013

Obama: "We Are Not A Deadbeat Nation"

At a press conference today, President Obama responded to Republican threats to use the raising of the debt ceiling as a bargaining chip. Signaling again that he will not negotiate with Congress on paying bills that it has already incurred, Obama affirmed, "We are not a deadbeat nation." He continued, "What Congress can't do is tell me to spend X, and then say, 'But we're not going to give you the authority to go ahead and pay the bills.'" Obama also clarified a point that is often muddled by the Republicans: "Raising the debt ceiling does not authorize us to spend more." Watch:

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