President Obama delivers a statement from the James S. Brady Press Briefing Room in the West Wing of the White House.
Think about it this way. The American people do not get to demand a ransom for doing their jobs. You don’t get a chance to call your bank and say, “I’m not going to pay my mortgage this month unless you throw in a new car and an Xbox. If you’re in negotiations around buying somebody’s house, you don’t get to say “Well, let’s talk about the price I’m going to pay, and if you don’t give me the price then I’m going to burn down your house.”
That’s not how negotiations work. That’s not how it happens in business; it’s not how it happens in private life. In the same way, members of Congress — and the House Republicans, in particular — don’t get to demand ransom in exchange for doing their jobs. And two of their very basic jobs are passing a budget and making sure that America is paying its bills.
The complete transcript of the President’s statement follows the break.