Obama Expects Congress Will Raise The Debt Ceiling

WASHINGTON (October 6, 2013)--President Barack Obama says he doesn't expect Congress to breach the deadline to increase the nation's borrowing limit.

Mr. Obama said he’s willing to negotiate changes to the health care law and to find ways to reduce spending, but stresses he will not bargain until after Congress reopens the government and passed a new debt ceiling.

Mr. Obama said a majority of lawmakers in the House would vote to end the partial government shutdown and raise the credit limit without conditions.

He made the remarks during an interview with The Associated Press.

Mr. Obama also says U.S. intelligence assessments show Iran is still "a year or more away" from building a nuclear weapon.

The president's assessment puts him at odds with Israel, which says Iran is just months away. Israel says it and the U.S. are essentially on the same page.

Iran says it's not pursuing nuclear arms.

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