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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (99383)2/3/2011 2:58:13 PM
From: chartseer3 Recommendations  Read Replies (2) of 224748
 
How much would be cut if they freeze the debit limit and cut their 2%. Would you still consider that only a 2% cut?

"Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren,” Obama said in a 2006 floor speech that preceded a Senate vote to extend the debt limit. “America has a debt problem and a failure of leadership.”

Obama later joined his Democratic colleagues in voting en bloc against raising the debt increase.

Now Obama is asking Congress to raise the debt ceiling, something lawmakers are almost certain to do despite misgivings about the federal debt. The ceiling already has been hiked three times in the past two years, and the House took action earlier this year to raise the ceiling to $13 trillion."

Seems America still has a debt problem and still has a failure of leadership.

comrade chartseer
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