January 2nd, 2013
08:43 PM ET

Obama draws line on debt ceiling, does he have the leverage to take on Congress?

While we wait for the President to sign the Fiscal Cliff bill into law - he's already drawing lines in the sand for the next ugly battle over the nation's debt ceiling.

"While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that they've already racked up through the laws that they passed," President Barack Obama said.

But is that more rhetoric than reality?

OutFront Tonight: CNN Contributor Reihan Salam, who also writes for the National Review, Political Analyst Roland Martin, and John Avlon, columnist at Newsweek and the Daily Beast.

Filed under: Economy • Fiscal Cliff
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