Tags: Bachmann | 2012

Bachmann Says She's Not Worried about Default

Monday, 11 Jul 2011 08:04 PM

 

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INDIANOLA, Iowa (AP) — Presidential candidate Michele Bachmann says she's not worried about the nation defaulting if the debt ceiling isn't increased.

The Minnesota congresswoman says there are a number of options to keep the government running if the debt ceiling isn't raised by August. She says members of Congress have offered stop-gap spending measures to keep the government running and she supports those measures.

She answered questions from reporters about the debt ceiling after speaking Monday to about 50 workers at a company that builds cement-handling machinery in Indianola, just south of Des Moines.

Bachmann says raising the debt ceiling amounted to raising the limit on the nation's credit card. She says that eventually would cost taxpayers.

She claimed President Barack Obama has recklessly supported increased spending and that it had to stop.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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