Posted on 01/11/2016 9:08:33 PM PST by Olog-hai
In his first speech to a joint session of Congress, delivered on Feb. 24, 2009--a little more than a month after his inauguration--President Barack Obama warned that we have a "responsibility" not to pass on to our children a federal debt they cannot pay.
"There is, of course, another responsibility we have to our children," Obama said in that speech. "And that's the responsibility to ensure that we do not pass on to them a debt they cannot pay. That is critical."
At this point, a chuckling Obama paused to accept a standing ovation from the chamber. Then-House Speaker Nancy Pelosi, who was sitting behind the podium, was one of the first to stand and applaud. ...
(Excerpt) Read more at cnsnews.com ...
Kind of like closing the gate after all the horses have left the barn. The eGOP and Obama pass the biggest budget ever and now he doesn’t want to leave the “children” with debt. I guess O will want a tax rate of 95%.
He was hoping to win the Irony Award.
The debt has at least tripled on his watch.
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