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Pelosi On Debt Ceiling Fight: Boehner "Wants To Go Over The Edge"

PELOSI: My response to what the speaker said is here we go again. Last year, just the threat of not lifting the debt ceiling caused us to -- our credit rating to be lowered. This is not a responsible, mature, sensible place for us to go. We all know we have to reduce the deficit. We have to do it in a balanced way.

The speaker wants to go over the edge. We have cut over a trillion dollars in the Budget Control Act -- since the Budget Control Act of last year. There has to be more reductions, but we have to have revenue and we have to have growth.

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