| Clip Of President Obama Remarks to Business Roundtable This clip, title, and description were not created by C-SPAN.

User Clip: False Claim: Obama Says Raising Debt Ceiling Does NOT Raise Our Debt

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September 19, 2013

Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done … read more

Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved.And I've heard people say, well, in the past, there have been negotiations around raising the debt ceiling. It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it. close

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User Clip: False Claim: Obama Says Raising Debt Ceiling Does NOT Raise Our Debt

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Program ID:
315090-1
Category:
White House Event
Format:
Speech
Location:
Washington, District of Columbia, United States
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User Clip: False Claim: Obama Says Raising Debt Ceiling Does NOT Raise Our Debt

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