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Politics : President Barack Obama
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To: RetiredNow who wrote (107219)1/10/2012 11:05:49 PM
From: tejek  Read Replies (1) of 149317
 
did any of you note that Obama is about to ask for another debt ceiling increase? If you all remember, the August 2011 agreement was to authorize $1.2 trillion that was supposed to last through the fiscal year end Oct'12, based on certain triggers.

If I remember correctly, Obama didn't get what he asked for..........that was one of the reasons that led to the S&P downgraded.
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