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January 14th, 2013
09:05 PM ET

Obama reinforces line on debt ceiling, GOP say government shutdown possible

President Barack Obama said again Monday, he won't negotiate with Republicans in order to raise the debt ceiling.

"If the Republicans in Congress have made a decision that they want to shut down the government in order to get their way, then they have the votes, at least in the House of Representatives, probably to do that," Obama said.

Avlon: Call it the default ceiling

The problem is - Republicans say they are in fact probably going to do that.

OutFront tonight: David Frum - former Special assistant and speechwriter to President George W. Bush and Daniel Altman – Adjunct associate professor of economics at New York University's Stern School of Business.
Filed under: Debt Ceiling • Economy • News • Politics
soundoff (One Response)
  1. Joey at Purdue Univ

    Dave Walker had a pretty good idea: tie the debt ceiling to a % of GDP. It was the most sensible sentence using the words "debt ceiling" every spoken by anyone.

    January 14, 2013 at 9:08 pm | Reply

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