Sarah Palin on Debt Debate: 'More Obama Drama'

ABC News' Sheila Marikar reports: Sarah Palin weighed in on the debt debate again on Greta Van Susteren’s Fox News show tonight, calling President Obama’s handling of the situation “more Obama drama.” “Scaring the American people is exactly what President Obama is doing in that bizarre speech he gave last night,” she said. “He’s getting pretty good at this fear mongering.” Palin characterized the Aug. 2 deadline as “looming, but it’s not Armageddon, it’s not life or death.” Her solution to the problem? “It’s the spending, stupid,” she said. “President Obama does not know what he is doing when we ask him to lead us out of this situation we’re facing with bankruptcy.” The former Alaska governor stood by the Republican leadership, saying, “I do respect Speaker Boehner’s efforts in trying to negotiate with jello," as Boehner characterized talks with President Obama almost two weeks ago.

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