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Obama says expects Congress will raise debt ceiling before deadline
Reuters ^ | October 5, 2013 | Roberta Rampton

Posted on 10/05/2013 12:47:50 PM PDT by LucianOfSamasota

WASHINGTON (Reuters) - President Barack Obama said he does not expect to have to take any unusual steps to prevent the United States from defaulting on its debt because he believes Congress will raise the debt ceiling before a looming October 17 deadline.

"I don't expect to get there," Obama said in an interview with the Associated Press released on Saturday. "There were at least some quotes yesterday that (House of Representatives) Speaker (John) Boehner is willing to make sure that we don't default," he said.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections
KEYWORDS: debtceiling; dictator; imperialpresident; obama; unconstitutional
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"I'm not going to prepare at all because the other side will back down," Obama said.

Definitely the born despot.

1 posted on 10/05/2013 12:47:50 PM PDT by LucianOfSamasota
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To: LucianOfSamasota

The Kenyan manchild has the GOOBs by the short hairs. They’ll let him win again.


2 posted on 10/05/2013 12:48:56 PM PDT by FlingWingFlyer (The DemocRAT Pahtay! Spending our grandchildren's future, today!)
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To: LucianOfSamasota

Didn’t Bohner already agree to do that?


3 posted on 10/05/2013 12:50:21 PM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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Comment #4 Removed by Moderator

To: LucianOfSamasota

President Trayvon will just issue another executive order.


5 posted on 10/05/2013 12:53:11 PM PDT by E. Pluribus Unum (When your policy is to rob Peter to pay Paul, you can be certain of the enthusiastic support of Paul)
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To: LucianOfSamasota

if they raise the ceiling, there is no reason for dems to ever stop spending


6 posted on 10/05/2013 12:55:28 PM PDT by sten (fighting tyranny never goes out of style)
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To: LucianOfSamasota

Don’t raise the debt ceiling, just keep the non-essential government workers fired.


7 posted on 10/05/2013 12:57:45 PM PDT by Wisconsinlady (REMOVE ALL EXEMPTIONS, EXCEPTIONS, AND WAIVERS TO OBAMACARE)
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To: LucianOfSamasota

Well taxes bring in like 250 billion a month ,so if Obama does not pay 30 billion on the debt then the default is all his


8 posted on 10/05/2013 12:59:26 PM PDT by molson209 (Hillary Clinton)
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To: molson209
taxes bring in like 250 billion a month

Exactly. The debt ceiling has nothing to do with default unless he wants it to. And if he violates it unilaterally then the House MUST impeach. If they don't then they are agreeing with him and he will have gained unlimited power.

9 posted on 10/05/2013 1:12:22 PM PDT by Da Bilge Troll (Defeatism is not a winning strategy!)
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To: LucianOfSamasota

I just read another article that estimates the government shutdown only cuts spending by about 17%. The government normally spends about $1 trillion more than it takes in, so it borrows about one out of every four dollars it spends. Unless I’m misinterpreting this, we are continuing to run a deficit even with the government shutdown, albeit a smaller one than we would otherwise.


10 posted on 10/05/2013 1:13:32 PM PDT by CitizenUSA (Conservatives are not anarchists!)
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To: Wisconsinlady
Don’t raise the debt ceiling, just keep the non-essential government workers fired.

They are on a deferred pay vacation. Even Cantor wants to make sure they get their back wages. They are doing nothing now, but everyone expects them to get paid. It's just possible that the paycheck will come at the end of the vacation.

Tragic. For the taxpayer. /S

11 posted on 10/05/2013 1:17:21 PM PDT by Pearls Before Swine
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To: LucianOfSamasota

Behind closed doors the Repubs are attacking Cruz and Lee and however else happens to be Tea Party.


12 posted on 10/05/2013 1:17:38 PM PDT by Rappini (Veritas vos Liberabit)
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To: CitizenUSA
According to the below site, the budget deficit is shrinking:

www.usdebtclock.org/

13 posted on 10/05/2013 1:20:33 PM PDT by chopperman
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To: LucianOfSamasota

I expect the Clown to eat shinola.


14 posted on 10/05/2013 1:24:35 PM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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To: Pearls Before Swine

Essential Government employees continue to work, but will not get paid until a budget is approved (payment deferred).

Non-essential Government were furloughed. They are eligible for unemployment compensation.

Payment for non-essential employees must be separately approved by Congress.

If Congress approves it, then non-essential employees get (1) their full pay - deferred, (2)unemployment checks and (3) a free vacation.

Who gets screwed here?


15 posted on 10/05/2013 1:25:01 PM PDT by catman67
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To: LucianOfSamasota

“.........Obama said he does not expect to have to take any unusual steps......”

I want him to do it. I want to see him lawfully arrested.


16 posted on 10/05/2013 1:30:12 PM PDT by Gator113 (The mighty Bear ate the cowardly rat. Obama must resign.)
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To: LucianOfSamasota
"I don't expect to get there,"

Translation: I expect the Repub losers to fold, as usual.

17 posted on 10/05/2013 1:44:27 PM PDT by jeffc (The U.S. media are our enemy)
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To: LucianOfSamasota

For my part, the government can shut down until hell freezes over if that’s what it takes to stop Obamacare. Obama is demonically possessed and evil permeates his soul.


18 posted on 10/05/2013 2:07:50 PM PDT by Jukeman (God help us for we are deep in trouble.)
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To: LucianOfSamasota
And I happen to agree with him.

Cruz & Lee will be mocked by fellow Republicans.

The House leadership will go down faster than Monica Lewinsky on Bill Clinton.

19 posted on 10/05/2013 2:12:49 PM PDT by TexasCajun (Creepy-Ass Cracka -- Don't Call Me Cracker)
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To: LucianOfSamasota
I'll gladly pay you Tuesday for a hamburger today.

Profligate spending last year leads to raising the debt limit.

Once again, committing generational debt with no end in sight.

I need to raise my credit card limit due to my spending habits.

None of this works out well in the end.

20 posted on 10/05/2013 2:14:22 PM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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