2011-01-02 07:01:00 PST Washington, , United States — (01-02) 07:01 PST WASHINGTON (AP) --
The top White House economic adviser is warning against what he calls "playing chicken" with the need to raise the nation's debt ceiling.
For some conservatives, refusing to raise the limit on the federal debt would be a tactic to force the government into cutting spending.
Last February, Congress raised the debt ceiling to $14.3 trillion. The debt is now at nearly $13.9 trillion and growing each day. A move to raise the ceiling again is expected this spring.