Obama: The notion that the U.S. is going to default on its debt is just irresponsibleSubmitted by bobbyw24 on Wed, 07/06/2011 - 16:19
WASHINGTON -- During a Twitter town hall Wednesday, President Obama was asked whether he would consider invoking the 14th Amendment to pay government obligations if Congress refuses to raise the debt ceiling. Obama did not rule out such an option, but instead insisted that the situation should not get to a place where such drastic measures would be needed.
"I don’t think we should even get to the constitutional issue," Obama said after outlining the issue. "Congress has a responsibility to make sure we pay our bills. We've always paid them in the past. The notion that the U.S. is going to default on its debt is just irresponsible, and my expectation is that over the next week to two weeks that Congress, working with the White House, comes up with a deal that solves our deficit, solves our debt problems and makes sure that our full faith and credit is protected."