Townhall Exclusive: Bob Woodward on the Price of Politics

Townhall Exclusive: Bob Woodward on the Price of Politics

President Barack Obama said that he would accept a one-term presidency.

According to Bob Woodward’s new book,The Price of Politics, the 44^th President of the United States was willing to concede to a four-year presidency if the nation got its financial house back in order under his watch. Woodward writes that Obama -- when speaking to Senator Kent Conrad about the ongoing budget crisis -- noted, “I’d be willing to be a one-term president over this,” agreeing with Conrad’s assessment that our country was on an “unsustainable [financial] course.”

Now, nearly-four years after Obama took office, the debt crisis has...