Obama: Default Is Worse than Shutdown
Stubbing your toe is worse than the shutdown, though
President Obama broadened his focus in the budget battle Thursday, saying a government default on its debts would hurt the economy worse than the ongoing government shutdown.
"As reckless as a government shutdown is … an economic shutdown that results from default would be dramatically worse," Obama said during an appearance at a construction company in Rockville, Md.
Obama also called on House Speaker John Boehner, R-Ohio, to put a "clean" spending bill on the floor with no health care restrictions, predicting it would pass and "the shutdown would end today."
Boehner "won't even let the bill get a yes or no vote because he doesn't want to anger the extremists in his party," Obama said.
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
"Obama also called on House Speaker John Boehner, R-Ohio, to put a "clean" spending bill on the floor with no health care restrictions"
Translation:
'Give me what I want or it's your fault!'
And the seeming number of people who buy that line of crap is amazing.