Monday, October 14, 2013

Obama: GOP Using Debt Ceiling to ‘Extract Extreme or Partisan Concessions’ from Dems

Hours before he and the vice president are scheduled to meet with Congressional lawmakers in order to seek a resolution to the government shutdown and the looming debt ceiling crisis, President Barack Obama spoke to reporters on Monday. Obama said that the shutdown is “unnecessary” and the GOP is attempting to “extract extreme or partisan concessions” from Democrats unreasonably. 
Obama told reporters that he would “urge” members of Congress later this afternoon that they should reopen the government and increase the nation’s debt ceiling.
“This whole shutdown has been completely unnecessary,” Obama added.
The president said that deficits are decreasing, the nation has the revenue to pay its bills, and there is consensus in Washington that there needs to be a budget which is solvent but also invests in growth.
“The problem is is that we’ve seen this brinkmanship as a strategy time and time again to try to extract extreme or partisan concessions,” Obama concluded.
Watch the clip below via Fox News Channel:

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