Barack Obama actually said...

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.

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

04/04/2011

More Barack Obama Quotes

Countries that excel at training their young people are going to succeed.

With rights come responsibilities and burdens, and it's not always comfortable, and you can't always make everybody happy.

Our thoughts and those of Americans and people all around the world are with Nelson Mandela and his family and all of South Africans.

I want to create some jobs in Africa as well.