Speaking at a White House news conference, he said he “won’t sign another shortsighted spending bill” and asserted that the US can’t cut its way to prosperity.
Advertisement
Treasury Secretary Jack Lew said on Thursday the USA government would hit a legal debt limit and be unable to borrow more money around November. 5. The issue probably will need to be dealt with before Boehner leaves at the end of the October.
“Congress should do its job, stop kicking the can down the road, and pass a serious budget rather than flirt with another shutdown”.
President Obama is pressing lawmakers to raise the federal debt ceiling and says he won’t be drawn into negotiations.
Mr. Obama signed legislation passed by Congress on Wednesday that funds the government through mid-December, avoiding a lapse in government funding for now. “It has to get done in the next five weeks”.
The framework McConnell seeks would be in keeping with a bipartisan two-year budget deal negotiated in 2013.
House Majority Leader Kevin McCarthy of California is the front-runner for the House speaker’s post, but three Republican aides said late Friday that Rep. Jason Chaffetz of Utah plans to run against him.
A few conservative Republicans have demanded that any spending plan eliminate funding for Planned Parenthood, the women’s reproductive health service.
“But you can not have an issue like that potentially wreck the entire us economy anymore than I should hold the entire budget hostage through my desire to do something about gun violence“, Obama continued.
Advertisement
“Historically, we do not mess with it”, Obama said. “I feel just as strongly about that”.
