Obama: GOP Using Extortion In Debt Limit, Budget Fights


President Barack Obama took his toughest swipe yet at congressional Republicans Wednesday in the burgeoning fight over raising the nation’s debt limit again, accusing the GOP of trying to extort him by tying a potential increase to a delay in the implementation of Obamacare.

“You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt ceiling being used to extort a president or a — a governing party,” Obama told the Business Roundtable, an association of CEOs.

Obama said his dispute with House Republicans over a budget for the federal government has also entered uncharted territory, with their demand to link a continuing resolution to postponing the unpopular healthcare law.

“What we now have is a ideological fight that’s been mounted in the House of Representatives that says, we’re not going to pass a budget and we will threaten…

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