Bachmann a 'no' on McConnell debt ceiling offer

As talks to raise the nation's debt limit continue in Washington, GOP presidential hopeful Rep. Michele Bachmann is weighing in.

Business groups and congressional leaders from both parties say that a failure to act could have catastrophic consequences for the economy.

Negotiators are considering an offer by Senate Minority Leader Mitch McConnell that would increase the debt limit without requiring Republicans to vote in favor of the measure.

At a press conference on Capitol Hill, Bachmann said McConnell's plan is not acceptable to her.

"I've been here long enough that I've seen a lot of smoke and mirrors," she said.

Bachmann said she would not accept an increase in the debt ceiling under any circumstances.

"The real world is telling all of the politicians [to] get your act together," she said. "We're not pawns in your game."

Bachmann insisted the government would have enough money to pay off its creditors and the troops. When asked who wouldn't get paid when the Treasury runs out of money, Bachmann did not answer.