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Obama Speech on Debt Limit Oil Fall Before

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President Barack Obama made a pointed address to the nation Monday about the increasingly dire debt crisis.

"Do you know what people are fed up with most of all? They’re fed up with a town where ‘compromise’ has become a dirty word," said Obama.

It was to those people that the president aimed his address for nearly 15 minutes, warning that a confusing economic concept — the national debt — could wreak havoc on family checking accounts across the country.more detail which have got from the news agencies,that

"It is a dangerous game we’ve never played before, and we can’t afford to play it now,” he added. “Not when the jobs and livelihoods of so many families are at stake. We can’t allow the American people to become collateral damage to Washington’s political warfare.”Obama called on American lawmakers to put politics aside to reach a deal on a “balanced approach” after Republicans and Democrats attacked each others’ plans for the lifting of the nation’s $14.3 trillion debt ceiling. John Boehner said separately he’s made a “sincere effort” to work with Obama on a plan to raise the debt limit, adding the president created the “crisis atmosphere” surrounding the issue. These people outside Washington are … citizens. Judging by the polls, most of us have opinions about whether, and under what conditions, the debt ceiling should be raised. We don’t seem to be as ignorant as Obama thinks we are of the term or concept of a debt ceiling. But the president assumes we’ve never bothered our pretty little heads about such a thing.”

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