Tagged: Debt Limit

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DAVID GREENE, HOST:

I'm David Greene. We'll begin NPR's business news with a warning from President Obama.

(SOUNDBITE OF PRESS CONFERENCE)

At a news conference dominated by discussion of what's expected to be Washington's next big political battle, President Obama insisted Monday that he will not let Republicans tie an increase in the federal government's borrowing limit to negotiations over cuts in future federal spending.

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JACKI LYDEN, HOST:

It's WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Jacki Lyden.

(SOUNDBITE OF NEWS REPORTS)

UNIDENTIFIED MAN #1: The Federal Reserve should knit a trillion dollar platinum coin.

UNIDENTIFIED MAN #2: And the government could use that to pay the debt, avoid default and pre-empt the debt ceiling crisis.

UNIDENTIFIED MAN #3: This is the kind of stuff that happens right before the downgrade. The last days of Rome, this is what happened.