After fiscal win, Obama warns Congress on debt fight

WASHINGTON Tue Jan 1, 2013 11:51pm EST

U.S. Vice President Joe Biden (L) and President Barack Obama (R) depart following Obama's remarks after the House of Representatives acted on legislation intended to avoid the ''fiscal cliff,'' at the White House in Washington January 1, 2013. The Republican-controlled House backed a tax hike on the top U.S. earners shortly before midnight on Tuesday, ending weeks of high-stakes budget brinkmanship that threatened to spook consumers and throw financial markets into turmoil. REUTERS/Jonathan Ernst

U.S. Vice President Joe Biden (L) and President Barack Obama (R) depart following Obama's remarks after the House of Representatives acted on legislation intended to avoid the ''fiscal cliff,'' at the White House in Washington January 1, 2013. The Republican-controlled House backed a tax hike on the top U.S. earners shortly before midnight on Tuesday, ending weeks of high-stakes budget brinkmanship that threatened to spook consumers and throw financial markets into turmoil.

Credit: Reuters/Jonathan Ernst

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WASHINGTON (Reuters) - Speaking after winning a "fiscal cliff" victory, President Barack Obama vowed on Tuesday to avoid a repeat of last year's divisive fight with Congress over an extension of the nation's borrowing authority.

"While I will negotiate over many things, I will not have another debate with this Congress about whether or not they should pay the bills they have already racked up," Obama said in remarks in the White House.

He urged "a little less drama" in coming budget talks about cutting government spending.

(Reporting by Alistair Bell; Editing by Eric Beech)

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Comments (31)
cyke1 wrote:
Only reason we are at the borrowing limit again Obama, is you insane Spending policy’s. People thought Bush was bad, Obama is spending cash faster then a gold digger married to a billionaire.

Jan 01, 2013 11:54pm EST  --  Report as abuse
thinker72 wrote:
@cyke
i think you’ll find its congress that signs the cheques and congress is made up mostly of republicans. So your riduculous bleating is exactly that ridiculous.

Jan 02, 2013 12:26am EST  --  Report as abuse
Telstar wrote:
The first two comments are ludicrous. Shut down 60% of the military. Problem solved.

Jan 02, 2013 1:26am EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Slaying of a journalist

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