October 8th, 2013
03:20 PM ET
1 year ago

Obama issues debt-ceiling warning

Washington (CNN) - End the government shutdown and raise the debt ceiling - even for a short period - and I'll negotiate, President Barack Obama said Tuesday in providing a potential opening to end a political stalemate that has partially shut down the government and threatens a first-ever U.S. default next week.

"If there's a way to solve this, it has to include reopening the government and saying America's not going to default and we're going to pay our bills," he said in a White House news conference on the eighth day of the partial shutdown and nine days before the deadline to increase the federal borrowing limit or face default.

FULL STORY

Filed under: Congress • Debt • Government Shutdown • President Obama
soundoff (70 Responses)
  1. We the People

    And here is a warning from the People Mr. Obama... SHOVE IT! We are not sitting back and taking anymore of your insanity. Enough is enough. The People of this country also have a red line and you sir are WAY OVER IT.

    October 8, 2013 03:24 pm at 3:24 pm |
  2. Wire Palladin, S. F.

    Of all the terrorist organizations that our president has had to deal with, the GOP is, by far, the most dangerous.

    October 8, 2013 03:29 pm at 3:29 pm |
  3. Much Ado About Nothing

    Obama, unlike any President before him, seems to have absolutely no problem causing panic and chaos in the markets with his irresponsible statements. It is pretty clear in my book he intends to run the country off the cliff.

    But a few years back, when the credit rating of the country was down graded, the country's borrowing costs actually DECREASED. Bottom line is that the world has no other better or valid option other than the US Dollar and to put thier faith in our country and its currency. Obama and the Democrats are total fear mongers using this to try and scare people into doing what they want.

    October 8, 2013 03:29 pm at 3:29 pm |
  4. Rudy NYC

    It seems the Tea Party don't seem to care that the shoe could be on the other foot someday. I'm pretty sure that Pres. Obama realizes that there are two factions within the "Republican Party", but that most of the general public doesn't see it that way.

    October 8, 2013 03:30 pm at 3:30 pm |
  5. Wire Palladin, S. F.

    Boehner is responsible for stopping the death benefits of our military. He will get his picture next to Aaron Burr in the Hall Of Shame of American history.

    October 8, 2013 03:31 pm at 3:31 pm |
  6. Gurgyl

    Obama, do not yield to these rethuglicans idiots. Say, it was BUSH-DEBT. On unfounded wars in Iraq, Afganistan,. 30 billion yearly aide to Pakistan though Bin Laden hid there. They knew it.

    October 8, 2013 03:31 pm at 3:31 pm |
  7. The Real Tom Paine

    The one thing that Obama has forgotten in all of this is that the GOP reps will not do anything. In fact, they have found the ultimate form of welfare, where they get paid 175K a year to literally do nothing. They go on break for weeks on end, all on teh taxpayer dime, and the GOp reps do nothing. They are the ultimate welfare queens.

    October 8, 2013 03:34 pm at 3:34 pm |
  8. rs

    There is nothing to negotiate. GOP- end the threat or face the consequences, you have already lost whatever it is you were seeking. You can't be allowed to wreck the recovery here and abroad. Your reputation is in shambles, pursuing this further idiotic action any further only hurts the GOP. 70% of the nation stands against what you are doing now. Get it?
    The ACA is settled law, no amount of lies changes that. Likewise, the U.S. by law, has to pay its bills. Your shutdown and threatened default are de facto, illegal, if not grossly immoral.

    October 8, 2013 03:37 pm at 3:37 pm |
  9. Thomas

    "Let's lift these threats from our families and our businesses and let's get down to work."

    Thats the best argument I've herd all day !
    How can the GOP not negotiate common sense ?

    October 8, 2013 03:39 pm at 3:39 pm |
  10. $$$$

    President Obama,
    You will negotiate with the Republicans because the debt ceiling is on you.

    October 8, 2013 03:42 pm at 3:42 pm |
  11. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    With the release of Captain Phillips coming out this Friday, Mr. President, show these Tea Queda hostage takers what you do to people who demand ransom.

    October 8, 2013 03:46 pm at 3:46 pm |
  12. Malory Archer

    We the People

    And here is a warning from the People Mr. Obama... SHOVE IT! We are not sitting back and taking anymore of your insanity. Enough is enough. The People of this country also have a red line and you sir are WAY OVER IT.

    +++++++++++++++++++++++++++++++++++++++++++++++

    You don't speak for me or the majority of Americans who voted in 2012 to reelect President Obama and to shrink the rethug majority in the house.

    October 8, 2013 03:54 pm at 3:54 pm |
  13. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    And here is a warning from the People Mr. Obama... SHOVE IT! We are not sitting back and taking anymore of your insanity. Enough is enough. The People of this country also have a red line and you sir are WAY OVER IT.
    --------------------------------------------
    Insanity is trying to speak sense into these Tea Queda terrorists. The President has already negotiated ENOUGH!!! NO MORE Mr. Nice Guy!!!

    October 8, 2013 03:54 pm at 3:54 pm |
  14. Malory Archer

    bohner, unlike any speaker before him, seems to have absolutely no problem causing panic and chaos in the markets with his irresponsible statements. It is pretty clear in my book he and the teabag toddlers intend to run the country off the cliff.

    But a few years back, thanks to the rethugs, the credit rating of the country was down graded. Meanwhile, the deficit has been decreasing year over year since President Obama was elected – no thanks to the rethugs who throw themselves on the floor and scream "noooooooooo!!!" to their own legislation if President Obama agrees with them. The sore loser rethugs are total fear mongers using this to try and scare people into doing what they want. Shame on them!

    October 8, 2013 03:57 pm at 3:57 pm |
  15. The Real Tom Paine

    -Thomas

    "Let's lift these threats from our families and our businesses and let's get down to work."

    Thats the best argument I've herd all day !
    How can the GOP not negotiate common sense ?
    **************

    They would declare themselves against it out of reflex.

    October 8, 2013 03:58 pm at 3:58 pm |
  16. Malory Archer

    Thomas

    "Let's lift these threats from our families and our businesses and let's get down to work."

    Thats the best argument I've herd all day !
    How can the GOP not negotiate common sense ?

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Because it will prove President Obama is right and they can't have that!

    October 8, 2013 03:59 pm at 3:59 pm |
  17. Malory Archer

    crybaby, you will negotiate with the President because the debt ceiling is on you.

    October 8, 2013 04:00 pm at 4:00 pm |
  18. Ol' Yeller

    @We the Sheeple
    So what are you going to do about it? Throw the usual republicant temper tantrum and take it out on the poor and middle class? Your sorry party is already doing that!

    October 8, 2013 04:00 pm at 4:00 pm |
  19. Abbey

    DERP! So keep on borrowing is what he's saying!

    October 8, 2013 04:01 pm at 4:01 pm |
  20. Sniffit

    Apparently, the GOP/Teatrolls have some strange notion that "negotiate" is synonymous with "capitulate." Seems their tinfoil hats have scrambled their lexicons. You gotta take 'em off for a while and let your temporal lobes breath, guys.

    October 8, 2013 04:02 pm at 4:02 pm |
  21. Ol' Yeller

    @Much Ado About Nothing
    "Obama, unlike any President before him, seems to have absolutely no problem causing panic and chaos in the markets with his irresponsible statements"
    Uh... can someone say 'Mushroom Cloud'?
    Get real mo ro n.

    October 8, 2013 04:03 pm at 4:03 pm |
  22. Sniffit

    "And here is a warning from the People Mr. Obama... SHOVE IT! We are not sitting back and taking anymore of your insanity. Enough is enough. The People of this country also have a red line and you sir are WAY OVER IT."

    You sure it wasn't a brown line?

    October 8, 2013 04:03 pm at 4:03 pm |
  23. Malory Archer

    Oh dear, I used reichwing god raygun's name in vain (I actually mentioned his mental health patients bill of rights) and my post disappeared before it could even "await moderation". Perhaps if I used a few not so veiled racial slurs directed at President Obama the "moderators" would let it slide.

    October 8, 2013 04:06 pm at 4:06 pm |
  24. Malory Archer

    Looks like we're not allowed to talk about the fat reichwing radio bloviator either.

    October 8, 2013 04:06 pm at 4:06 pm |
  25. freedom

    This president is overstepping his authority in so many areas, it's scary. It's also illegal – where is the special committee to bring this man before a Grand Jury. Bill Clinton's and Richard Nixon's misdeeds were brought before one – and there were impeachment hearings. Bring – it – on!

    October 8, 2013 04:08 pm at 4:08 pm |
1 2 3