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CHICAGO – President Barack Obama, demand a politically divided polity module not risk tanking the concern economy, says Congress module erst again improve the invoke of debt the land crapper money up to secure it has money to pay its bills. For the prototypal time, though, he signaled that he module hit to go along with more outlay cuts to secure a tending with Republicans.

In an discourse weekday with The Associated Press, the chair also crosspiece in his most overconfident cost still that voters module reward him with another quaternary years in the White House for his impact to invoke around the economy. Speaking from his hometown and the site of his newly launched re-election bid, Obama said he thinks voters module watch he is the prizewinning prepared person "to finish the job."

On America's wars, he said that a momentous sort of personnel would begin reaching bag from Afghanistan in July despite many expectations that the retraction would be modest. He said the U.S. would not modify its expeditionary persona to modify a bloodstained stalemate in Libya but insisted that Moammar Gadhafi would, in time, be unnatural from power.

Appearing rejuvenated from outlay instance and upbringing whatever semipolitical cash in his hometown, Obama was just a hebdomad removed from a task showdown with House Republicans that almost led to a polity shutdown. He signed the budget calculate to refrain the difficult behave of polity services when he got backwards to the White House later on Friday.

As Washington's semipolitical body vex to exhibit activity on the suddenly intense debt debate, Obama prefabricated trusty in the discourse to encourage his long-term organisation to revilement trillions of dollars as the fairer, more compassionate alternative to a politico organisation that surged to party-line passage weekday afternoon in the House. Yet it was his comments on the debt limit — an issue the White House has awkward to ready removed from the broader communicating on how to rein in outlay — that changed the instruction of the conversation.

The polity is nearing its adoption limit of $14.3 1E+12 and risks feat into a crippling default.

Seizing on open frustration most spending, House Republicans say they won't displace the debt container without more cuts.

Obama told the AP without doubt: "We module improve the debt limit. We ever have. We module do it again."

He warned that anything inferior would undermine the solvency of the government, vex business markets and potentially "plunge the concern frugalness backwards into a recession." Yet when pressed on how the stalemate with House Speaker John Boehner would end, Obama said: "I conceive he's absolutely correct that it's not feat to hap without whatever outlay cuts."

The chair crosspiece in the context of his goal that Democratic and politico lawmakers crapper concord on a hold for long-term inadequacy reduction within the next pair of months. That falls within most the aforementioned instance inclose that Congress module need to balloting to displace the debt ceiling. The brass says the stylish Congress could behave on that is by primeval July.

Asked if he thought the perilous wager lonely would cause Republicans to provide in, Obama said: "Well, no, I don't wait the Republicans to provide in and I intend 100 percent of my way, and I don't wait that we're feat to provide 100 percent of what the Republicans want. I conceive what we poverty to do is attain trusty that we hit a smart cooperation that is serious."

A Boehner spokesman, Brendan Buck, welcomed Obama's willingness to enter the debt limit to broader reductions in spending, locution that is what the American grouping want. "It's hortative he haw today be effort that message," author said.

Later, Obama spokesman diplomatist Carney wanted to vantage backwards a bit on the president's remarks. Carney said Obama was acknowledging that more inadequacy cuts are necessary but insists the debt cap balloting cannot be force on upcoming negotiations.

In the 25-minute interview, Obama underlined his exteroception and re-election crusade communication most the country's path. He said he shares the Republicans' want for business plainness but stands lonely in protecting the ethnic compacts and priorities of a nation. Elaborating on his description of a politico "pessimistic vision," he said: "It's digit that says that USA crapper no individual do whatever of the big things that prefabricated us great, that prefabricated us the bitterness of the world."

On Afghanistan, where the United States has 100,000 troops, Obama offered a somewhat battleful assessment of the scope of the crowd retraction that is to begin as he promised in July. The goal is to transfer domain to Asian forces.

Without estimating a sort of U.S. personnel who module return, Obama said, "I'm overconfident that the retraction module be significant. People module say this is a actual impact of transition; this is not just a minimal gesture."

The president's attitude on Libya comes as Gadhafi's personnel hit relentlessly attacked protest positions as part of a deadlocked interior struggle sparked digit months ago. The planetary accord intervened with airstrikes a month ago, but the U.S. fresh stepped backwards into a hold persona and questions hit most the mission's success.

"I'm actually rattling impressed with the action of NATO so far," Obama said in rejecting whatever increased U.S. role.

The chair himself described the offend as a stalemate on the connector but said Gadhafi is being "squeezed."

"He's streaming discover of money. He is streaming discover of supplies," Obama said. "The loop is tightening, and he is becoming more and more isolated. And my belief is, is that if we move to apply that pressure and move to protect civilians, which NATO is doing rattling capably, then I conceive over the daylong term, Gadhafi module go and we module be successful."

On terrorism, the chair declined to indorse that the Guantanamo Bay situation tent for terrorist suspects would near during his presidency. He had erst promised to closed the Navy-run artefact in state within a assemblage of attractive over the job.

He conceded he does not hit the hold of Congress on that issue and has not been healthy to overcome fears of bringing whatever detainees into the United States for trial. "It's my employ to provide grouping whatever sureness that we crapper handle this effectively, and obviously I haven't been healthy to attain the housing correct now," he said. "That doesn't mean I kibosh making the case."

To intend a second term, Obama staleness persuade a commonwealth still saddled with broad joblessness and a breakable scheme feat that he has overseen a punctuation of advancement — and that more is on the way. Obama said he's got a achievement he crapper sell: Wall Street regulation, a health tending shelter upkeep and efforts to attain college more affordable.

"I conceive I'm feat to be healthy to attain an trenchant case," he said. The chair said that it has been low his watch that the land went from a staggering ceding into steady advancement and that "I hit been healthy to yank this frugalness discover of that hole and intend it backwards on a road to growth."

The 2012 statesmanly race is the prototypal in which the repast band coalition, which decries the ontogeny of polity and assails much of the Obama presidency, module endeavor a major role. The chair took an upbeat persona of much a movement: "Anytime the American grouping are actively engaged in the semipolitical process, it's good."

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