![Obama Demands Quick Action To Raise Debt Limit [VIDEO]](http://townsquare.media/site/385/files/2013/01/159494891.jpg?w=980&q=75)
Obama Demands Quick Action To Raise Debt Limit [VIDEO]
President Barack Obama demanded on Monday that lawmakers raise the nation's $16.4 trillion federal debt limit quickly, warning that "Social Security benefits and veterans' checks will be delayed" if they don't and cautioning Republicans not to insist on concessions in exchange.