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.
Jay CarneyLet 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?
Jay CarneyWhat we see happening with this Republican strategy is a willingness to threaten the very foundation of the world's greatest economic power. That is a very risky proposition.
Jay Carney