What the President has been saying for quite some time now is that he believes that comprehensive immigration reform is in the best interests of the economyof the UnitedStatesofAmerica.
There is little dispute, that in 2011, even with the rise of the E7 nations the most important economy and hence stock market is still that of the UnitedStatesofAmerica.
And in terms of the debt ceiling, we also believe, as members and leaders of Congress of both parties have said, that it has to be raised because the effect of defaulting on our obligations as the UnitedStatesofAmerica would be calamitous to the domestic economy and to the global economy.