"Raising
the debt ceiling doesn’t authorize more spending; it simply allows the
country to pay for spending that Congress has already committed to...So
while I am willing to compromise and find common ground over how to
reduce our deficits, America cannot afford another debate with this
Congress about whether or not they should pay the bills they’ve already
racked up." —President Obama during today's press conference. Watch now:
http://wh.gov/live
