Obama: Republicans Using Debt Ceiling To "Extort" Me
PRESIDENT OBAMA: You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt ceiling being used to extort a President or a governing party, and trying to force issues that have nothing to do with the budget and have nothing to do with the debt.
So here’s where we are -- and I think this is the bottom line, and I want to make sure everybody is clear here. I have presented a budget that deals with -- continues to deal with our deficit effectively. I am prepared to work with Democrats and Republicans to deal with our long-term entitlement issues. And I am prepared to look at priorities that the Republicans think we should be promoting and priorities that they think we should be -- we shouldn’t be promoting. So I’m happy to negotiate with them around the budget, just as I’ve done in the past. (Business Roundtable Headquarters, 9/18/2013)
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