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posted by fishin4u

In reply to: Hitting the debt limit: What bills would be paid? »

January 14, 2013

In March 2006, then-Sen. Barack Obama, D-Ill., found the notion of raising the debt ceiling quite distasteful.

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.” http://abcnews.go.com/blogs/politics/2011/04/obama-2006-vs-obama-january...

>>>>>FISH>>>

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