What’s Another $1.2 Trillion … Obama Makes Official Request that Congress Raise the Debt Ceiling to more than $16 Trillion
And the Barack Obama spending keeps on coming … UNPATRIOTIC!
It’s official, President Barack Obama asks for the debt ceiling to be raised by another $1.2 trillion. Good grief, will the spending never stop? where is the fiscal discipline from this President, where is the leadership to take on the ridiculous National Debt and go after entitlement programs and wasteful DC spending that are bankrupting America?
The Gateway Pundit reminds us of when Barack Obama called raising the national debt irresponsible and unpatriotic when GWB raised the debt by $4 trillion in 8 years. What does Obama say about the $8 trillion he has increased it by in less than 4 years? Hmm? Talk about your Obama hypocrisy.
President Obama on Thursday made an official request that Congress raise the debt ceiling by $1.2 trillion over the objections of several House Republicans.
Obama’s formal notification gives both chambers 15 days to vote on whether to approve the hike. The House plans to vote on this request on Jan. 18, a spokeswoman for House Majority Leader Eric Cantor (R-Va.) said.
The United States reached the $15.194 trillion debt limit on Jan. 4, according to Treasury statements. Since that time, Treasury has employed the “extraordinary measure” of tapping into its Exchange Stabilization Fund to avoid exceeding the limit.
The White House agreed not to make an official request to raise the debt ceiling until now so that Congress could vote on the matter.
The United States cannot afford another 4 years of Barack Obama … the 2012 cannot come fast enough.
Posted January 13, 2012 by Scared Monkeys
2012 Elections, Barack Obama, Budget Deficits, Economy, George W. Bush, Hope and Change, Hypocrisy, National Debt, Obamanation, Obamanomics, Presidential Election, You Tube - VIDEO | 4 comments
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4 Responses to “What’s Another $1.2 Trillion … Obama Makes Official Request that Congress Raise the Debt Ceiling to more than $16 Trillion”
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Wow. What an Uber Idiot.
Seriously, this is just ANOTHER dangerous indicator that Obama must have failed Economics while attending Harvard Law School.
He just doesn’t get it, or how numbers work. Hasn’t he already bankrupted our Country enough and not only put us further in debt, but he has spent and continues to spend more than ALL OF OUR OTHER US PRESIDENTS COMIBINED.
Yes, Combined. Do the Math, America!
Obama is a clueless, dangerous SOCIALIST with a huge ego, a problem for blaming others for what he inherited and was too inexperienced to handle in the first place! The job of being President of the United States.
So very scary. Buh-bye, Mr. Obama.
Oh, and Donald Trump changed his Voter Registration to Independent today and I think he will announce that he is running as a Third Party Candidate. I really hope he doesn’t but that’s my call.
Lets say I have a job which you are going to take over.
I leave the job while the company is heavily in debt. Your budget is blown away because of intrest payments and such.
Who is to blame…you or the 1 who created the debt (That started during the Reagan admin)
SM: Not when your answer to a spending problem is to spend even more money.
#2-Dolf- After 4 years of blaming and finger pointing the prior Administration,
I still contend that the simplest answer to your question is:
It is still Obama’s fault, for running for, then accepting a job he was NOT QUALIFIED for accepting in the first place.
Let’s keep it simple, Dolf. Your arguement is baseless.
the problem Dolf, is that he has multiplied this problem by doubling the debt in a minor 3 years ! if he is re elected, that debt will be over 20 trillion and never paid back and he will walk away laughing at his destruction which is what his agenda really is. had the media properly vetted him, he would never have passed the first primary. he is crooked to say the least as are most democrats.