The simple fact of the matter is, as I know everyone in this room knows, that the recession that this country faced when this President took office was the worst since the Great Depression.

And it's important to remember we are all responsible - or certainly the elected members in Washington of both parties are responsible for making decisions and choices to ensure that the economy grows and jobs are created.

Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.

Jay Carney Quotes