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Conference of the first term, the president took questions on the debt ceiling and the gun debate. First, on the rising debt ceiling, the president took direct aim at republicans accusing them of using the nations Credit Rating as a, quote, bargaining chip. The republicans in congress had two choices here. They can act responsibly and pay americas bills or they can act irresponsibly and put america through another economic crisis. But they will not collect our ransom in exchange for not crashing the american economy. The issue here is whether or not america pays its bills. We are not a deadbeat nation. And the debate over guns, one month after 26 children and adults were killed in newtown, and with the nra saying assault weapon ban would not pass congress, the president urged house members to, quote, examine their own conscience. The belief that we have to have stronger background checks, that we can do a much better job in terms of keeping these magazine clips with high capacity out o

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