Last Updated: Tue Jul 26, 2011 05:01 am (KSA) 02:01 am (GMT)

President Obama warns Republican approach to debt crisis ‘dangerous’

President Barack Obama warned Monday that the Republicans’ unyielding approach to the US debt crisis was a “dangerous game.” (File photo)
President Barack Obama warned Monday that the Republicans’ unyielding approach to the US debt crisis was a “dangerous game.” (File photo)

President Barack Obama warned Monday that the Republicans’ unyielding approach to the US debt crisis was a “dangerous game” and urged Americans to press for compromise.

Mr. Obama delivered the warning in a rare primetime speech as Republicans and Democrats remained deadlocked over a deal to raise the US debt ceiling and agree on how to bring ballooning US deficits under control.

The president rejected a Republican proposal to temporarily lift the debt limit, arguing it would leave the underlying problem unresolved and lead to a repeat of the current crisis in six months.

“That is no way to run the greatest country on Earth. It is a dangerous game we’ve never played before, and we can’t afford to play it now. Not when the jobs and livelihoods of so many families are at stake, “he said.

But with a potential US default looming in eight days time, Obama appealed to Americans to “make your voice heard.”

“If you want a balanced approach to reducing the deficit, let your member of Congress know. If you believe we can solve this problem through compromise, send that message,” he said.

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