White House warns Congress not to play politics with debt
WASHINGTON (Reuters) – President Barack Obama continues to oppose a short-term extension of the country’s debt ceiling, which he feels could lead to the U.S. credit rating being downgraded, the White House said on Saturday.
“Congress should refrain from playing reckless political games with our economy. Instead, it should be responsible and do its job, avoiding default and cutting the deficit,” White House press secretary Jay Carney said in a statement following a meeting between Obama and congressional leaders.
(Reporting by Alister Bull and Steve Holland; Editing by Todd Eastham)
Source: Reuters US Online Report Politics News