Obama: I won't negotiate over the debt ceiling

In his remarks Tuesday, Obama issued a stern forewarning on the upcoming debates, and reiterated that he will not negotiate with Republicans over the debt ceiling.

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“As I’ve demonstrated throughout the past several weeks, I am very open to compromise,” he said. “But we cannot simply cut our way to prosperity.”

“While I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills they have already racked up,” Obama said. “We can not not pay bills that we have already incurred.”

Immediately following the remarks, Obama left the White House to return to Hawaii, where his family is still on vacation.

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