Replies to Msg. #781258
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 Msg. #  Subject Posted by    Board    Date   
49237 Re: Does he need to say more...
   Obama also stated, We are NOT a deadbeat nation! However, we have a...
clo   FFFT   15 Jan 2013
12:01 AM
49236 Re: Does he need to say more...
   Apparently Boehner has already responded to Obama's press conference b...
oldCADuser   FFFT   14 Jan 2013
10:05 PM

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Does he need to say more...

By: oldCADuser in FFFT
Mon, 14 Jan 13 9:57 PM
Msg. 49235 of 65535
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Obama: Failure to hike debt limit may roil market

Jan. 14, 2013, 11:56 a.m. EST

WASHINGTON (MarketWatch) - President Barack Obama on Monday again urged Congress to increase the debt ceiling, saying that failure to act could roil financial markets. "Investors around the world will ask if the United States of America is in fact a safe bet, markets could go haywire, interest rates would spike," Obama said during the final press conference of his first-term. Obama called the last fight over the debt limit in the summer of 2011 a "fiasco" that hurt the economy and actually raised the deficit. He said that raising the debt ceiling does not authorize new spending.

http://www.marketwatch.com/story/obama-failure-to-hike-debt-limit-may-roil-market-2013-01-14

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