President Obama changes course on debt ceiling
The United States is approaching it's $16.7 trillion debt ceiling and President Obama has said he will not negotiate on raising the debt ceiling.
He says it would be irresponsible to vote against raising the debt limit. Unfortunately for the President we have history regarding this issue.
"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. government can’t pay its own bills. ... I therefore intend to oppose the effort to increase America’s debt limit.”
This is a quote from Senator Barack Obama when he voted against raising the debt ceiling in March 2006.
I am confused it is ok for Senator Obama to vote against raising the debt ceiling when President Bush was president but no questioning of the debt while he is president.
The President has called the Tea Party "extortionists" and regarding the debt, he called President Bush "unpatriotic" while campaigning for President in regards to adding $4 trillion to the national debt in eight years.
Now since President Obama took office just over four years ago he has added over $6 trillion in just over four years, but he is not unpatriotic and should be questioned on his spending.
The House should allow a small debt ceiling raise and inform the President and Senate Majority Leader Harry Reid that this will be the last time, this will force the real debate over a balanced budget.
We were able to balance the budget under President Clinton with a Republican controlled Congress, they were able to negotiate and compromise.