Speaking to guest host Laura Ingraham from Los Angeles, O'Reilly said he had taken a "moderate" stance on the debt crisis, and he warned Republicans who have so far been unwilling to pass a debt ceiling increase would only be helping President Obama, who he said had taken an "enormous hit" from the debate.
"The only thing that can save Barack Obama at this point is craziness on the right," he said. "...It's not only going to hurt the Republican party, which has already been hurt, but it's going to save President Obama who they hate."
"Exactly," Ingraham said.
"The irony is, the people who dislike President Obama the most...are helping him the most," O'Reilly said. "You've got to stop this hateful rhetoric. Some of the rhetoric is so hateful...it'd spin your head around. You have to say, listen, we're at a point in the history when we have to save the country."
O'Reilly has previously offered to fly down to Washington to personally broker the debt talks. Clearly, no one took him up on his offer.