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  • Obama: Stop insults and compromise over debt (Stop Lying Obama)

    07/23/2011 6:09:07 AM PDT · by tobyhill · 41 replies
    msnbc ^ | 7/23/2011 | msnbc
    Barack Obama called Saturday for an end to insults and demands in the negotiations over the debt ceiling, after they broke down Friday night. In his weekly address, ahead of an emergency meeting at the White House Saturday morning, the president said that the government had spent more money than it takes in for year and result was "a lot of debt on our nation's credit card." This debt would "weaken our economy, cause higher interest rates for families, and force us to scale back things like education and Medicare" unless action was taken, Obama said. "Now, folks in Washington...