Obama On Debt Talks Collapse: ‘American People Are Fed Up With Political Posturing’

The White House called a rare 6PM Friday press conference in which President Obama apprised reporters in the briefing room of news that Speaker of the House John Boehner (R-OH) had called the president to tell him that he was walking away from negotiations over raising the debt ceiling. Obama said, “The American people are fed up with political posturing and an inability for politicians to take responsible actions as opposed to dodge their responsibilities.”

Obama started calm, but became more spirited as he hit a number of his usual political notes including corporate jets and the burden of the middle class, before announcing an emergency meeting tomorrow at 11AM with Senate and House leadership to discuss what they plan to do to avoiding default.

Watch the opening statement of Obama’s press conference below, courtesy of CNN:

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