Obama On The Debt Ceiling: House GOP ‘Will Not Collect A Ransom For Not Crashing The American Economy’

Obama On The Debt Ceiling: House GOP ‘Will Not Collect A Ransom For Not Crashing The American Economy’: President Obama today held the final press conference of his first term, and used the opportunity to reiterate that he is not interested in negotiating with House Republicans over the debt ceiling. “They will not collect a ransom in exchange for not crashing the American economy,” Obama said: The debt ceiling does not authorize more [...]/p