CSPAN Key Capitol Hill Hearings November 20, 2013
October the congressman needed to extend the debt limit. We kept him closely informed literally every week. And there was not a negotiation over the debt limit. It was a question of congress figuring out how it was going to deal with the thing they had to deal with. That is protecting the full faith and credit of the United States. An budget conference is intrinsically congressional process. One of the few things that does not come to the president to be signed. The house and the senate agree on a resolution and it sets their government on how they will handle operations in budgetary matters. ...