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GOP scoffs at Obama's "no-negotiation" vow on debt

Published on NewsOK Modified: January 7, 2013 at 11:29 am •  Published: January 7, 2013
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WASHINGTON (AP) — President Barack Obama says he absolutely will not let Republicans use a debt ceiling crisis to extract deeper federal spending cuts. Congressional Republicans of all stripes say Obama has no choice but to accept the spending cuts they want in exchange for a hike in the national debt limit.

The two sides might reach a mutual agreement before the matter becomes a crisis in March, or possibly late February.

But the tough talk suggests this year's political fight could be even nastier and more nerve-grating than the recent "fiscal cliff" showdown. It revives memories of the 2011 brinkmanship that triggered the first-ever downgrade of the nation's credit-worthiness rating.


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