VIDEO: Obama Vows No Debt Ceiling Negotiations

President Barack Obama said in an interview that he won’t negotiate with congressional Republicans over the U.S. government’s borrowing limit. Obama told ABC News’ George Stephanopoulos that he would not cooperate with House Speaker John Boehner’s demand for budget cuts in exchange for House Republicans’ allowing the government to continue paying its obligations.

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VIDEO: Obama Vows No Debt Ceiling Negotiations

Obama: "No," My Budget Won"t Be Balanced

In an interview with ABC News, President Obama says his budget won’t be balanced:

“Paul Ryan, today, put forward his budget,” says ABC, “and he says, he’s challenging you to come forward with a budget that also reaches balance. Are you going to do that?”

“No,” Obama says. “My goal is not chase a balanced budget just for the sake of balance.”

The Weekly Standard

Obama: "No," My Budget Won"t Be Balanced