Raising the debt ceiling is not additional spending. It is simply saying, you, the United States of America, can continue to borrow the money you need to pay the bills you have already rung up.

Bush and was one of a handful of reporters who were aboard Air Force One with President Bush on September 11 2001. Carney later won the 2003 Gerald R. with their son and daughter.

Carney previously served as Washington Bureau Chief for Time magazine a post he held from September 2005 until December 2008 and as a regular contributor in the "roundtable" segment of ABC News' This Week with George Stephanopoulos. James "Jay" Carney (born May 22 1965) is President Barack Obama's second White House Press Secretary.