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Obama Warns Republicans on Debt Ceiling Vote

HeadlineSep 23, 2013

Republicans have also vowed to link the upcoming debate on extending the Treasury’s borrowing limit to an “Obamacare” repeal. The United States is facing a deadline of around mid-October to expand the $16.7 trillion debt ceiling or face a default on its debts. Speaking in Missouri after Friday’s House vote, President Obama said the U.S. risks becoming a “deadbeat” country.

President Obama: “This is the United States of America. We’re not some banana republic. This is not a deadbeat nation. We don’t run out on our tab. We’re the world’s bedrock investment. The entire world looks to us to make sure the world economy is stable. We can’t — we can’t just not pay our bills. And even threatening something like that is the height of irresponsibility. So what I’ve said is, I will not negotiate over the full faith and credit of the United States.”

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