Obama says will not negotiate with congress on debt ceiling
Obama speaks at the White House about the economy to mark the five-year anniversary of the U.S. financial crisis
Reuters Washington,

U.S President Obama said on Monday he would not negotiate with Congress over whether to raise the U.S. debt ceiling and chided Republicans for threatening to bring the government to a halt in an effort to repeal his signature healthcare reform law.

The White House is gearing up for difficult budget talks with lawmakers, but it has said consistently that the president would not negotiate over the debt limit, which must be raised so Washington can pay its bills.

“I will not negotiate over whether or not America keeps its word and meets its obligations. I will not negotiate over the full faith and credit of the United States,” Obama said at the White House.

 

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