Obama to Congress: 'We Are Not a Deadbeat Nation'

President Obama says the U.S. economy is "poised for a good year" but that progress could be threatened by political brinksmanship over the nation's debt limit. "While I'm willing to compromise and find common ground over how to reduce our deficits, America cannot afford another debate with this Congress about whether or not they should pay the bills they've already racked up," Obama said at a White House news conference. "We are not a deadbeat nation," he said. "The consequences of us not...Full Story
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