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Obama Exclusive: Concedes Senate Vote Against Raising Debt Limit Was 'Political'
ABC News ^ | April 14, 2011 | George Stephanopoulos

Posted on 04/14/2011 12:44:59 PM PDT by 2ndDivisionVet

In my exclusive interview with President Barack Obama, the president acknowledged that Democrats are going to bear the "burden" of extending the national debt limit later this spring – and he explained for the first time that only when he became president did he understand why his 2006 Senate vote against raising the debt limit was wrong:

George Stephanopoulos: You’ve got to extend the debt limit by May. And it seems like you made up the job-- your job is a lot tougher because of your vote in the Senate against extending the debt limit…When did you realize that vote was a mistake?

President Obama: I think that it’s important to understand the vantage point of a Senator versus the vantage point of a…President. When you’re a Senator, traditionally what’s happened is this is always a lousy vote. Nobody likes to be tagged as having increased the debt limit for the United States by a trillion dollars… As President, you start realizing, "You know what? We-- we can’t play around with this stuff. This is the full faith in credit of the United States." And so that was just a example of a new Senator, you know, making what is a political vote as opposed to doing what was important for the country. And I’m the first one to acknowledge it.

George Stephanopoulos: But now Senator McConnell is-- is talking to a lot of the Republican Senators about doing the same thing. Saying, "Let’s just have 51 Democratic Senators."

President Obama: Right…My suspicion is that the burden is going to fall a lot on Democrats in the Senate to make this happen, but in both chambers, we’re going to need some votes from the other side....

(Excerpt) Read more at blogs.abcnews.com ...


TOPICS: Issues; Parties; U.S. Senate
KEYWORDS: 2006debtceiling; congress; debtceiling; obama
WORST. PRESIDENT. EVER.
1 posted on 04/14/2011 12:45:08 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
I think that it’s important to understand the vantage point of a Senator versus the vantage point of a…President.

This is so lame I can't even believe someone with a single neuron still firing would say it, but there it is. The guy's an articulate idiot.

2 posted on 04/14/2011 12:51:08 PM PDT by econjack (Some people are as dumb as soup.)
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To: 2ndDivisionVet

no doubt!


3 posted on 04/14/2011 12:51:27 PM PDT by sappy (LIEberals suck)
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To: 2ndDivisionVet

So what if every Senator and Representative in Congress were to face important votes not understanding the potential consequences of that vote until they became President. Seems that the idiot is arguing that the Presidency should be a prerequisite to being elevated to the Senate. God help the dumbed-down electorate of a Nation that tolerates this weasley incompetence.


4 posted on 04/14/2011 1:01:45 PM PDT by dogcaller
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To: 2ndDivisionVet
As President, you start realizing, "You know what? We-- we can’t play around with this stuff. This is the full faith in credit of the United States.

Geithner and a lot of other people are running around saying the same thing, so obviously one does not need to be president in order to 'realize' this.

Perhaps you should have your script-writers think up a better excuse.

5 posted on 04/14/2011 1:06:13 PM PDT by WayneS (Enlightened statesmen will not always be at the helm. -- James Madison)
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To: 2ndDivisionVet

Let’s face it. You don’t need to be smarter than an amoeba to be an elected official in this country, because there are more than enough morons voting. Congresswoman Sheila Jackson Lee (D-TX) and Senator Patty Murray (D-WA) prove the point.


6 posted on 04/14/2011 1:10:51 PM PDT by kittymyrib
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