Pelosi on Obama's feisty press conference: 'Bravo!'

House Minority Leader Nancy Pelosi praised President Obama for finally jumping into the fray with House Democrats against Republican priorities on taxes, the debt ceiling and job creation.

In a statement after an animated Obama spoke at a press conference on Wednesday, Pelosi (D-Calif.) implied that House Democrats have been fighting alone for their party's priorities without Obama so far this year.

"Bravo! This is the fight House Democrats have been making for the last six months under the Republican Majority as they move to end Medicare and continue tax breaks for Big Oil," Pelosi said in a statement.

In his news conference, Obama chastised Republicans on not wanting to raise taxes on the rich, ending tax subsidies on oil companies and for accusing him of not leading on raising the debt ceiling.

"The President has spoken out and there will be a clearer understanding of what the choices are for the American people," Pelosi continued. "We join the President in what he has long called for: a balanced, bipartisan package that creates jobs, protects Medicare, and respects the retirement of our seniors and the education of our children."

Besides hitting Republicans on taxes and their criticism of him on the debt ceiling, Obama also denied a claim from some Republicans that the Aug. 2 deadline for raising the debt ceiling was actually an artificial one.

"It's the equivalent of you're driving down the street and the yellow light starts flashing," Obama said. "The yellow light is flashing." In a statement contrasting Pelosi's interpretation of Obama's speech, House Speaker John Boehner (D-Ohio) doubled down that Obama has been missing in action on the national deficit.

"The President's remarks today ignore legislative and economic reality, and demonstrate remarkable irony," Boehner said in a statement.