Obama Tells Americans, If Congress Does Not Raise Debt Ceiling, the U.S. Will Be "Deadbeats."


President Barack Obama, gripped in another budget battle, challenged the Congress to approve an increase in the U.S. debt ceiling or else the United States will be unable to pay its bills. If that happens, "We're deadbeats," Obama says. He made the statement while addressing a group of automakers in Kansas City, Missouri.