WASHINGTON -- President Barack Obama declared on Monday there would be no deal on raising the government's debt limit if Republicans won't compromise, and he said he would not sign a short-term extension – raising the stakes on volatile negotiations with the clock ticking toward an Aug. 2 deadline.
"I don't see a path to a deal if they don't budge. Period," the president said in a challenge to his political opponents, accusing Republicans of having a "my way or the highway" posture on taxes.
Before heading to the White House for a fresh round of negotiations, House Speaker John Boehner said he agreed that "we cannot allow our nation to default on our debt."
No comments:
Post a Comment