Monday, July 11, 2011

Press Conference: Obama says Americans ignorant about debt ceiling [limit]

During a press conference on Monday, President Obama was asked about the latest CBS News poll showing that 69 percent of Americans oppose raising the debt limit. The President responded by saying that Americans are ignorant about the debt ceiling.

"Let me distinguish between professional politicians and the public at large," said Obama. "The public is not paying close attention to the ins and outs of how a Treasury option goes."

The President went on to say that "some of the professional politicians know better. And for them to say that we shouldn't be raising the debt ceiling is irresponsible. They know better."