Obama on Debt Ceiling: 'We're Not Going to Play That Game'
President tries to convince Business Roundtable of the need to raise rates
By Kevin Spak, Newser User
Posted Dec 5, 2012 12:24 PM CST
President Barack Obama pauses as he speaks about the fiscal cliff at the Business Roundtable, an association of chief executive officers, in Washington, Dec. 5, 2012.   (AP Photo/Charles Dharapak)

(Newser) – President Obama is talking a little trash ahead of the fiscal cliff deadline: In remarks before the Business Roundtable today, the president insisted that he would not allow Republicans to use the debt ceiling for leverage in the fiscal cliff negotiations. "We're not going to play that game next year," Obama said, according to the Washington Post and Politico. "The only thing the debt ceiling is good as a weapon for is destroying your credit rating … I will not play that game."

The president was trying to win the business lobby's support for his plan to raise tax rates on the wealthy. "We're not insisting on [raising] rates just out of spite … but rather because we need to raise a certain amount of revenue." And he took direct aim at the GOP: "If we can get the leadership on the Republican side to take that framework, acknowledge that reality, then the numbers really aren’t that far apart," he said. "We can probably solve this in about a week."

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MisterPlinkett
Dec 5, 2012 10:22 PM CST
You play that game all the time, liar. "we have to raise the debt ceiling so we can pay our bills." it's a huge form of backwards speak that only works on retarded people and you, Obama, LOVE to play that game. can't believe we have 4 more years of this shit.
Pragmatist
Dec 5, 2012 7:47 PM CST
President Obama: Great Job! I agree with you in choosing not to play the debt ceiling game... ... we need to operate within the ceiling ... so lets get those taxes raised to cover the level we reduce spending down to King Barrack: Find a different country! You are wrong to decree a need for "ending the need for Congress to periodically raise the debt limit"... ... Seperation of Powers is explcitly in the U.S. Constitution ... the Congress, not the President, is formally empowered with such budget financing matters ... you were elected to be our President, not our King
myflap.blow
Dec 5, 2012 7:39 PM CST
game n. 1. A contest to determine a winner. 2. An amusement or pastime. 3. All government knows how to do.