Crisis? What Crisis? White House In Denial Over Budget

[Geee]

Investors Business Daily:

Budget: The federal government says it will hit its debt ceiling in October, earlier than expected. That's not shocking, but the White House's cavalier attitude is. It says it'll do "nothing" to fix this chronic problem.

 

Mark your calendar: Sometime this October, Congress and the White House once again will be embroiled in a debate over what to do about the nation's soaring debt and chronic trillion-dollar deficits.

 

That's when we officially hit the debt ceiling.

 

The administration's attitude, as articulated by Treasury Secretary Jack Lew and White House spokesman Jay Carney, is — there is no problem; do nothing.

 

"We will not negotiate with Republicans in Congress over bills Congress has racked up," Carney said.