POLITICS
01/02/2013 12:03 am ET | Updated Mar 03, 2013

Obama Debt Ceiling Statement: Limit Increase Not Up For Debate After Fiscal Cliff Showdown

WASHINGTON, Jan 1 (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.

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