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Reply #3: There just has to be "something big, something big.. " [View All]

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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-20-11 11:21 PM
Response to Reply #2
3. There just has to be "something big, something big.. "

Carney continued, "We are not wavering on the president's absolute assertion that he won't sign a series of ill-defined... sort of, a toll booth kind of series of provisions that temporarily or in a limited fashion raise the debt ceiling."

Forcing Congress to take repeated votes to raise the debt ceiling would be bad for the market, he said, because it would send the signal that Washington can't handle its fiscal issues.

With that in mind, CBS News White House Correspondent Norah O'Donnell asked Carney today whether Mr. Obama could accept the so-called "gang of six" plan, alongside an agreement for larger deficit reduction.

"If both sides agree to something significant, we will support the measures needed to finalize details," Carney said. "But there is no extension without an agreement on something big -- a firm, committed agreement on something big."

White House: Short-term debt deal OK if needed to finalize big deal
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