From the Associated Press (as unlikely that might be, it is). "Stretches" is something that applies only rarely to Obama. But it's clear that he intended to deceive Americans on the true nature of the debt crisis, and what the nation views as acceptable options. A deception that works in Obama's favor.
I'd cut and paste at least part of the article here, but AP tends to be fussy about "fair use", so please follow the link.