Obama blasts "absolutist" Congress in debt ceiling fight

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Obama blasts "absolutist" Congress in debt ceiling fight

CBSTV Videos 5:37 mins

Asked by CBS News White House Correspondent Major Garrett why he won't negotiate with Republicans in Congress who oppose raising the debt ceiling, President Obama today argued gridlock surrounding the issue is due to lawmakers' newfound notion that "we might default unless we get 100 percent of what we want."

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