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Bill Daley: Avoid a showdown, back debt-ceiling increase

By Lynn Sweet on April 29, 2011 8:38 AM

WASHINGTON — A factor in President Obama’s decision to address the “birther” question — and release his “long form” birth certificate — came when ABC News anchor George Stephanopoulos asked him about it in an April 14 interview where Obama wanted the story to be on his new debt and deficit reduction plan.

That’s what White House Chief of Staff Bill Daley told me in a phone interview where we discussed economic and fiscal matters — and the looming day in May when U.S. borrowing hits the debt ceiling, unless Congress raises the cap.

Daley flew to Chicago on Air Force One with Obama on Wednesday — the first couple taped an Oprah Winfrey show — and remained in Chicago Thursday to address CEOs at the Economic Club and headline a fund-raiser for Sen. Dick Durbin (D-Ill.). Daley talked to me from an office at the Chicago Club on Wednesday.

via Bill Daley: Avoid a showdown, back debt-ceiling increase – Lynn Sweet.

Somebody explain to me how Congress raising the debt-ceiling cap reduces debt and deficit!