President Obama, during a White House news conference Monday, said GOP threats to hold the line on the nation's borrowing are "irresponsible." Republicans hope the debt limit debate can be used to make Democrats address the deficit. (Associated Press)

Photo by: Carolyn Kaster

President Obama, during a White House news conference Monday, said GOP threats to hold the line on the nation's borrowing are "irresponsible." Republicans hope the debt limit debate can be used to make Democrats address the deficit. (Associated Press)