With the October 17 deadline to raise the debt limit rapidly approaching, President Obama is not specifically ruling out using the 14th Amendment to increase the nation’s borrowing ability if the political impasse continues and Congress fails to do so, but says he does not expect the fight to get to that point.
“I’m pretty willing to bet that there are enough votes in the House of Representatives right now to make sure that the United States doesn’t end up being a deadbeat. The only thing that’s preventing that from happening is Speaker Boehner calling the vote,” the president told The Associated Press in an interview Friday that was released this morning.
Four days into the government shutdown, the president reiterated that he is not going to make concessions on his signature health care law or negotiate with House Republicans until they agree to reopen the government and raise the nation’s debt ceiling.
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