He is lying

This is him being honest:

Republicans are ‘suspicious’ about feeding poor children

Republicans want to ‘collect a ransom in exchange for not crashing the American economy’

Obama blames Congress for increased spending, claims no role

Obama says Republicans who would use debt ceiling fight to deliver spending cuts hold ‘a gun at the head of the American people’

Republicans only want two options: hurting ‘middle-class families,’ ‘seniors,’ and ‘kids’ or ‘[blowing] up the economy’: