Skip to content
Subscriber Only

Obama Tells Donors Debt Debate Shows Stakes in 2012 Election

President Barack Obama told supporters at a hometown fundraiser last night that the debt ceiling debate in Washington “sets the stage” for the 2012 election.

“This episode was just a severe example of what has been going on for quite some time, and it’s part of what led me to run for president,” he told about 100 donors at a dinner on the eve of his 50th birthday at a Chicago concert hall. The events of the past two weeks, he said, illustrate “not only how tough it’s going to be, but exactly what’s at stake.”