Political Quotes

Barack Obama: It would be catastrophic to the United States. Default by the United States would precipitate a crisis worse than the…

On the recordApril 4, 2011
It would be catastrophic to the United States. Default by the United States would precipitate a crisis worse than the one we just went through.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Obama warns of severe consequences if the debt limit is not raised.

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