But the - look, I think that this - the United States of America is still the most powerful economy in the world. It is an incredible engine for creativity and innovation. And it has the most - smartest, most effective workforce in the world. So we have a lot going for us, in spite of the fractiousness of our politics.

The debate we won't be having is whether or not the debt ceiling should be raised. We will not have a situation where people will hold the American economy hostage in order to achieve a specific agenda - at least not until 2013. So we think that is incredibly important as a matter of economic good.

But the - look, I think that this - the United States of America is still the most powerful economy in the world. It is an incredible engine for creativity and innovation. And it has the most - smartest, most effective workforce in the world. So we have a lot going for us, in spite of the fractiousness of our politics.

Children should not be used as pawns in a political fight.

Let me just say that while I personally am very fond of John Boehner, his record of predicting what would happen if certain policies, economic policies were instituted is abysmal, okay?

The White House doesn't create jobs. The government together - White House, Congress - creates policies that allow for greater job creation.

When I go stand up at the podium in front of the White House press corps, I never lie. I never say something that I know is untrue. Credibility is enormously important to a press secretary.