(CNN) - Treasury Secretary Jack Lew said a U.S. debt default could be catastrophic. But President Barack Obama said Thursday he will not "not negotiate on anything when it comes to the full faith and credit of the United States of America." That is, no negotiating with Republicans.
Yet, the American people support, by a two-to-one margin, a requirement for spending cuts when negotiating more borrowing authority for the government to pay its bills, according to a new Bloomberg News poll.FULL STORY
The GOP wanted to play and look tough , now they wish they didn't act and look so arrogantly foolish .
What happened to honorable republicans ?
Mr. President, don't give into the terrorist Tea Party. Mint the platinum coin if you have to.
WOOHOOO. Dont do it O!
I am absolutely fed up with being THREATENED by the House Republicans........We elected these people to work for us and it is endless hearings and quasi lynch mobs against our President> You LOST last November...Get over it and surprise us..No more hostage taking of our economy–no more THREATS. Are you terrorists??? It is really hard to treat these people with respect when they REFUSE to perform their CONSTITUTIONAL duties.......The debt ceiling means we pay our bills.....Looks like some of you deadbeats don't understand how important that is.....
Full Faith and Credit of the United States. The trouble with Liberal's is they want to share in the Profits without doing any of the work. Straight out of Vaudville. WITH YOUR MONEY AND MY BRAINS, WE WILL GO PLACES. With a 17 Trillion Dollar Federal Debt we are well past the Credit Part.
I think it better to be very alert. Airports, sea ports, immigrations need to be very tightened–London is blowing horn, signaling. Please do. We need to cut immigrations and stop immigration to all Muslim nations. Period. NY, LA, SF, CHICAGO NEED TO BE ALERT. UK is telling.
president obama is right on. don't negotiate with these home grown terrorists. the debt ceiling is something to NOT mess around with. every president who has asked for raising the debt limit has gotten it. i have money in the stock market and if the economy tanks because of these crazy bastards i will never ever consider voting for a republican the rest of my life.
It does not matter what the public wants. It could be 100% but if Obama is for it, you will all be for it. He rules the democrats like a dictator through fear and threats. They are too afraid to think for themselves and will only vote the way Obama says to vote. I have never seen a man so evil and yet so powerful. I guess money does talk louder than words.
Obama ran on reducing the debt. Hey Obama your going the wrong way!!!!
I wouldn't negotiate with them either. Guryl is right, this U.S. Congress is nothing but a band of common thugs. They would never act in this manner with any other president-but since they don't feel they have to respect "this one", they think its okay to demand, demean and demolish his policies and his plans for this country while they continue to call themselves Americans. It happens to not be okay with me, because I voted for 'this one' and so did millions of others so when they take this country down again, I will place the blame solidly on their shoulders and I have a very long memory when I go to vote.
It's time to stand up to the GOP bullies and traitors. CALL THEIR BLUFF!
The correct way to deal with Obama is to simply give him no more money. If he will shut down important functions of government unless he gets money for Obamacare, then let him shut them down and bear the consequences.. But besides giving him no money, the house should proceed as swiftly as possible to get to the bottom of Obama's Benghazi Betrayal, and if, as may well be the case, this betrayal of loyal Americans was to conceal a gun running operation in which arms were funneled to our enemies the muslim brotherhood and al Qaida and similar muslim extremists, then to proceed with an impeachment investigation looking to remove this man from our government.
Congress votes on a budget every year and that is where it decides how the government will spend its money on whatever the congress feels is relevant to our needs as a nation, as well as how much the government will tax and take in. The debt ceiling has nothing to do with these issues. The budget is debated and then passed by the house and senate, then signed by the president. It delineates all the outflow and inflow of government moneys. The debt ceiling, on the other hand, is an unnecessary limit on the credit card that pays for the budget already agreed to! If congress has a problem with the debt ceiling and government spending, then make appropriate changes when the budget is argued and voted on. By holding the "debt ceiling" hostage, you are just sending a damaging message to America's creditors in the international community and adding doubt on the resilience and abilities of the American people and economy. This is so simple, any idiot should be able to get the point. Most other countries don't even have such a thing as a "debt ceiling."
Yeah,....what's the wisdom in negotiating with the intellectually handicapped with nothing more than a death wish for this country's future and consequentially an opportunity to mirror the legacy of the Whig party...dead and gone, Thank heavens 2014 isn't far away. While I don't relish the idea of single party government, what we have today is a party trying to govern and another party (the Tea Trolls) with fingers on the self destruct button.
Bloomberg obviously doesn't understand that the "Bills" have already been charged. How can the US now ask it's creditors to negotiate what amount it pays? The media surely understands that households incurr bills every day and must not only pay their bills but pay them on time. We cannot call our creditors and threaten and say, listen if you don't lower the bills or give me some other merchandise or lower my bill the next month, I am not going to pay you. We the American People get this. However, it seems it's a media frenzy that thinks Americans are not smart enough to knwo that the US must not only pay its bills but pay them when they are due, just as American families are expected. If some want to determine what they want to spend "Next Year" that a conversation for a later time. Surely the media understand this concept, real live senario that Americans are expected to follow in their daily lives. Stop adding on, just pay the bills, they have been incurred, agreed upon by both Dems and Republicans before they were incurred, now it's time to pay the bills. Period
Actually, one must ALWAYS negotiate with someone who has a bomb strapped to their chest. That's why they strap the bomb to their chest. What one must not do is partake is terroristic rhetoric over some point that has nothing to do with terrorism. It's irresponsible, it's insensitvie and it's amateurish.
Now that is some damn good hyperbole.
Jake, I think the follow up question should have been, "name names, Mr. Lew. Which Republicans does Mr. Obama believe have a bomb strapped to their chest".
YES, YES, YES there should be some actions taken to reduce the projected growth in the deficit. But it should be done when the Congress negotiates the BUDGET, which the Republicans in the House have REFUSED to do for the last 60 days!! Americans need to look at the recent history of the negotiations between the Senate and Congress and you will find there are 40 Republicans THAT WILL NOT NEGOTIATE!!! And because of the DUMB purely political Hasterd rule ( I may have mis-spelled the name) that says the Leader of the House will not bring a law up for vote unless at least 218 of the members of his party will support it. So, the 40 I mentioned before are LITERALLY in control of the House...The minority is LEADING the majority.....we are in REAL TROUBLE this is the exact opposite of what our Democracy is built upon.