Daily Israel Report
00:15
Reported

News Brief

  10/9/2013, Cheshvan 5, 5774

Obama: Raise the Debt Ceiling Or We're in Trouble


President Barack Obama said on Tuesday that the U.S. economy risks a “very deep recession” if Congress doesn’t raise the $16.7 trillion debt ceiling.

Speaking at a news conference at the White House, Obama said he’s willing to talk to Republicans about anything, including changes to his health-care law, once lawmakers end the partial government shutdown and increase the country’s borrowing authority.