Posted on 10/13/2013 9:02:16 AM PDT by Innovative
March 16, 2006 CONGRESSIONAL RECORDSENATE S2237-2238:
Mr. OBAMA. Mr. President, I rise today to talk about Americas debt problem.
The fact that we are here today to debate raising Americas debt limit is a sign of leadership failure. It is a sign that the U.S. Government cant pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Governments reckless fiscal policies. Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion. That is trillion with a T. That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the Presidents budget will increase the debt by almost another $3.5 trillion.
....
Increasing Americas debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better.
I therefore intend to oppose the effort to increase Americas debt limit
(Excerpt) Read more at redstate.com ...
'As I made clear to them this week, theres only one way out of this reckless and damaging shutdown: pass a budget that funds our government, with no partisan strings attached.
Current debt ceiling is $16.7 TRILLION!
It’s about time we stop raising the debt limit. Enough is enough. Maybe we just can’t afford the Obamacares and the Obamaphones of the last few years and all this socialist garbage should be repealed.
"By raising the debt ceiling doesn't increase the debt!"
The list, Ping
Let me know if you would like to be on or off the ping list
What a great ad this would make -
“Increasing Americas debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better.”
“I therefore intend to oppose the effort to increase Americas debt limit”
-Barack Obama, March 16, 2006
Senator Obama Criticizes President Obama For Reckless Spending
"The fact that we are here today to debate raising Americas debt limit is a sign of leadership failure. It is a Sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Governments reckless fiscal policies. ...Increasing Americas debt weakens us domestically and internationally. 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 problem and a failure of leadership. Americans deserve better."
-- Senator Barack Obama, March 2006
Pure politics. The GOP did nothing when they were in power. The debt always[lately] goes up under the R’s and D’s.
Just another evidence that a bigger liar and hypocrite has never held the office of POTUS.
NEVER.
As we passively sit and watch him destroy our nation.
Just wait a few weeks and watch him force the nation into default - his real goal present goal.....
he’s a democrat. his criticisms of republicans doing he same thing he’s doing don’t apply because he’s a democrat.
“As we passively sit and watch him destroy our nation.
Just wait a few weeks and watch him force the nation into default - his real goal present goal.”
Of course most of us realize that Obama is out to destroy America. If he sees a way to lead the US into default, I feel confident he will take it, not despite of, but because of the very real dangers default would bring to our economy. And so much the better if he can blame it on the “radical Republicans.”
“Its about time we stop raising the debt limit. Enough is enough. Maybe we just cant afford the Obamacares and the Obamaphones of the last few years and all this socialist garbage should be repealed.”
I don’t know that Obamacare amounts to much in the 2013 budget, so I don’t know that cutting it would save all that much. I’m all for doing away with Medicare, Veteran’s health care, all that socialist health care that has made us the country that spends more than any other in the world on health care, and our life expectancy is about the same as Cuba. What a waste. But I think there would be a lot of PO’d seniors. I say do away with the unfunded prescription drug payments passed under Bush. Let’s go back to a capitalist system where everybody pays for their own health care, and you’ll see medical costs plummet.
You want to do away with social security, too, I guess. I understand that point of view, but I know lots of seniors who would literally starve without it. Also, I don’t know how much doing away with it would help the current budget, since social security if pretty well self-financed.
I don’t know that anyone has laid out a budget that conservatives could rally behind as a prerequisite for raising the debt ceiling, do you? Not that Obama would go for it anyway.
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