KANSAS CITY, Missouri (Reuters) - President Barack Obama challenged the U.S. Congress on Friday to approve an increase in the U.S. debt ceiling or else the United States will be unable to pay its bills and then, "We're deadbeats."
Obama scolded Republicans for trying to gut funding for his signature healthcare law in exchange for a debt limit increase and vowed that he would not be pressured into negotiating with "the full faith and credit of the United States."
(Reporting By Roberta Rampton, Jeff Mason and Steve Holland; Editing by Sandra Maler)
- Budget, Tax & Economy
- Politics & Government
- Barack Obama