September 16, 2013

Obama warns Republicans against creating 'economic chaos' 


By Jim Kuhnhenn / The Associated Press

(Continued from page 1)

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President Barack Obama speaks about the economy at the White House on Monday in Washington. He reiterated his refusal to negotiate with Republicans over the debt ceiling.

The Associated Press

Anxious to make his case with the public, Obama intends to draw attention to signs of progress with daily events this week, including a speech Wednesday to the Business Roundtable, an association of CEOs from the top U.S. companies, and a trip Friday to Kansas City to visit a Ford plant, where he will promote the strength of the auto industry.

Obama wants to reverse automatic spending cuts that kicked in in March, but at the same time he has said he will not negotiate with Republicans over the nation's debt ceiling. His remarks have hinted at a potential constitutional confrontation with Republicans. Section 4 of the 14th Amendment says that "the validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."

In addition to seeking a delay in Obama's health care law, some Republicans say the scheduled spending cuts should stay in place to reduce the deficit.

"We need to start by keeping the cuts we've already agreed to," Sen. Mitch McConnell said Sunday. "It's time to get serious about the challenges we face and reposition America for growth and prosperity in the 21st century."

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