White House says ‘no backup plan’ to debt ceiling

Published January 9, 2013 10:10pm ET



WASHINGTON (AP) — The White House is dismissing suggestions to sidestep Congress to meet the nation’s debt obligations, declaring that it is Congress’ responsibility to pay the bills of the United States.

President Barack Obama’s adamant stand that he will not negotiate with Congress over raising the nation’s borrowing limit and Republican demands that a debt ceiling vote be linked to spending cuts have prompted a creative outburst of alternatives to driving the country into default.

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