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Obama Warns GOP Against Debt Ceiling Fight: "I Will Not Play That Game"

At a Business Roundtable meeting today, President Obama warned Republicans to not use the debt ceiling as leverage in talks over spending cuts or entitlement cuts. Obama told business leaders they "should not accept going through" that "game" which would be a "catastrophe" for the country.

"That is a bad strategy for America, it's a bad strategy for your businesses and it's not a game that I will play," Obama said.

"I will not play that game, because we've got to break that habit before it starts," Obama later added.

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