In a relief to Democrats worried the White House will concede major spending cuts to Republicans over the debt ceiling fiasco, President Obama announced Monday he will not negotiate.
In a press conference, Obama is expected to discuss the debt ceiling ... the next big debate in Washington. America will hit the debt ceiling in late February.
President Obama said in a press conference today that he will not negotiate over spending cuts with Congressional Republicans, claiming the GOP is holding the country hostage.
Obama on Monday talked about the coming debt ceiling deadline. As the debt ceiling approaches, it is important to have an understanding of what this whole debate is even about.
President Barack Obama will hold the final press conference of his first term on Monday, opening up a new debate on the debt ceiling.
Experts tell us that Obama's reckless deficit spending has not led to inflation. Wrong. In the coming debt ceiling fight the GOP must stand up for spending restraint. Our freedom depends on it.
We should use the debt ceiling as an alarm bell, warning us that our spending is seriously out of balance.
If not entirely unconstitutional, to use the debt ceiling as a bargaining chip is wholly undemocratic ... a sign of weak government.