House Minority Leader Nancy Pelosi (D-CA) berated House Republicans Thursday for threatening not to lift the federal government’s debt ceilling without concessions from the White House, saying such a move would wreak economic havoc.
“Republicans are determined to hold the full faith and credit of the United States hostage to their radical demands,” Pelosi said. “This poses a cataclysmic danger to the stability of our markets and the economic security of our middle class.”
Pelosi urged Speaker John Boehner to bring a clean debt limit bill to the House floor, promising Democratic support to pass it. “We will provide a huge number of votes,” she said.
“This is playing with fire,” she said.