After fiscal win, Obama warns Congress on debt fight
WASHINGTON (Reuters) - Speaking after winning a "fiscal cliff" victory, President Barack Obama vowed on Tuesday to avoid a repeat of last year's divisive fight with Congress over an extension of the nation's borrowing authority.
"While I will negotiate over many things, I will not have another debate with this Congress about whether or not they should pay the bills they have already racked up," Obama said in remarks in the White House.
He urged "a little less drama" in coming budget talks about cutting government spending.
(Reporting by Alistair Bell; Editing by Eric Beech)
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The Congress party was headed for a bruising defeat in key state elections, including in the capital, early results showed on Sunday, underlining the struggle it will face to cling to power in a national election due by May. Full Article