“The Republicans have provided a laundry list of essentially ransom demands of things that were essentially the Romney agenda that was rejected by voters that they know can’t pass in normal circumstances. They say give us these things or we will blow up the economy.
…We are for cutting spending. We’re for reforming our tax code. We’re for reforming our entitlements. What we’re not for is negotiating with people with a bomb strapped to their chest. We’re not going to do that.”