Obama: I won't negotiate on debt limit
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President Obama is pressing lawmakers to raise the federal debt ceiling and says he won't be drawn into negotiations.

"When it comes to the debt ceiling, we're not going back there," Obama said during a press conference in the State Dining Room of the White House on Friday.

His comments come after Treasury Secretary Jack LewJacob (Jack) Joseph LewApple just saved billion in tax — but can the tax system be saved? Lobbying World Russian sanctions will boomerang MORE set a Nov. 5 deadline on Thursday for raising the debt limit to avert a potential default on current loans. That gives Congress just a few weeks to hammer out an agreement on the current $18.1 trillion limit.

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Obama acknowledged that Speaker John BoehnerJohn Andrew BoehnerPelosi and Trump go a full year without speaking Jordan vows to back McCarthy as leader even if House loses more GOP seats On The Trail: How Trump lost the law and order debate MORE's (R-Ohio) plans to leave Congress in October will complicate budget negotiations with congressional leaders, but said he believed there is a path to an agreement.

"I do think there is still a path for us to come up with a reasonable agreement that raises the spending caps above sequester to make sure that we can properly finance both our defense and non-defense needs, that maintains a prudent control of our deficits and that we can do that in short order," Obama said.

"It's not that complicated. The math is the math," he added, saying he has spoken with BoehnerJohn Andrew BoehnerPelosi and Trump go a full year without speaking Jordan vows to back McCarthy as leader even if House loses more GOP seats On The Trail: How Trump lost the law and order debate MORE, Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOn The Money: Power players play chess match on COVID-19 aid | Pelosi bullish, Trump tempers optimism | Analysis: Nearly 1M have run out of jobless benefits Trump casts doubt on hopes for quick stimulus deal after aides expressed optimism Power players play chess match on COVID-19 aid MORE (R-Ky.), Senate Minority Leader Harry ReidHarry Mason ReidDemocrats to boycott committee vote on Amy Coney Barrett's Supreme Court nomination Democrats seem unlikely to move against Feinstein The Memo: Biden stays slow and steady in face of criticism MORE (D-Nev.) and House Minority Leader Nancy Pelosi (D-Calif.).

Congress on Wednesday passed a short-term bill to keep the government funded through Dec. 11.

Obama said Friday that "extraneous issues" should be kept out of budget talks, mentioning the current fight over funding Planned Parenthood.

"You can't have an issue like that potentially wreck the entire U.S. economy, any more than I should hold the entire budget hostage to my desire to do something about gun violence," Obama said during the press conference, where he talked about gun control in the aftermath of Thursday's mass shooting at an Oregon college.

"There are some fights that we fight individually," Obama said.