Obama Warns Against Another Debt Ceiling Fight - Spokane, North Idaho News & Weather KHQ.com

Obama Warns Against Another Debt Ceiling Fight

Posted: Updated:

WASHINGTON (AP) - President Barack Obama is warning Republicans not to create another fight over the nation's debt ceiling, telling business leaders it's "not a game that I will play."
    
Obama says in remarks to the Business Roundtable that he has heard of reports that Republicans may be willing to agree to higher tax rates on the wealthy and then come back in 2013 with more leverage to extract spending cuts in exchange for raising the government's borrowing limit.
    
Obama says that approach is "a bad strategy for America." He tells the group of chief executives that he wants to break that habit before it even starts.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Most Popular StoriesMost Popular StoriesMore>>

  • BACK TO SCHOOL: See where your school ranks in performance

    BACK TO SCHOOL: See where your school ranks in performance

    Tuesday, August 26 2014 9:18 PM EDT2014-08-27 01:18:51 GMT
    SPOKANE, Wash. - Two schools in the Spokane area received top rankings based on a new assessment, according to the Washington Policy Center. The Washington State Board of Education released a new assessment of the quality of schools around the state Tuesday. The assessment ranked schools on an "A to F-" scale, with 14 percent of schools in in and around Spokane finishing with A's or B's.>>
    SPOKANE, Wash. - Two schools in the Spokane area received top rankings based on a new assessment, according to the Washington Policy Center. The Washington State Board of Education released a new assessment of the quality of schools around the state Tuesday. The assessment ranked schools on an "A to F-" scale, with 14 percent of schools in in and around Spokane finishing with A's or B's.>>
  • Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Thursday, March 20 2014 1:04 PM EDT2014-03-20 17:04:11 GMT
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>
  • PHOTOS: National Dog Day!

    PHOTOS: National Dog Day!

    Wednesday, August 27 2014 2:02 PM EDT2014-08-27 18:02:10 GMT
    KHQ.COM - Tuesday, August 26th is when we celebrate man's best friend! It's National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups! INSIDE>>>|Submit photos of YOUR dog!|>>
    KHQ.COM - Tuesday, August 26th is when we celebrate man's best friend! It's National Dog Day! National Dog Day was created back in 2004, and it gives us a chance to stop and appreciate those who offer us their unconditional love, support, and acceptance: our pups! INSIDE>>>|Submit photos of YOUR dog!|>>