“We believe the American people expect us to do something about reducing spending, getting our deficits and debts under control,” press secretary Jay Carney said at his daily briefing. “I think the president made clear is that we are the United States of America; we should not be engaged in raising every six weeks, eight weeks, three months, six months a question about whether or not we’re going to meet our obligations. So that still is his position.”
House Minority Leader Nancy Pelosi said the plan has “merit,” telling reporters. “What Leader McConnell has put on the table recognizes that we must … lift the debt ceiling, that we must do that … So it has that merit in that it says, what are we talking about here? We have to pass this.”
In the Senate, Minnesota Democrat Al Franken said he was still considering the plan.
“I’m pleased that he finally recognizes that failing to raise the debt ceiling would be disastrous for our economy,” he said. “That said, no matter what deal we reach on the debt ceiling, we also need to focus on creating jobs and significantly cutting our long-term debt.”