Posted on 07/28/2011 4:05:50 PM PDT by mdittmar
WASHINGTON, March 16 — The Senate voted narrowly today to raise the national debt limit to nearly $9 trillion, averting what would have been the first default ever on United States Treasury notes and giving Democrats an opportunity to portray Republicans as reckless with the people's money.
The 52-to-48 vote, with all Democrats and a handful of Republicans voting "no," increased the debt limit by $781 billion. The increase was the fourth since President Bush took office, prompting Senator Harry Reid of Nevada, the Democratic minority leader, to declare that "years of Republican mismanagement" have driven the nation deep into the red.
"Any objective analysis of our country's fiscal history would have to conclude this administration and this rubberstamping Republican Congress are the most fiscally irresponsible in the history of our country," Mr. Reid said. "In fact, no other president or Congress even comes close."
(Excerpt) Read more at nytimes.com ...
Seems like it was only yesterday,doesn't it harry;)
“... giving Democrats an opportunity to portray Republicans as reckless with the people’s money.”
I wonder what the stinking Times would say today now that the rat party how increased the debt ten fold.
One talking point I do hear is that ‘the Republicans had no problem raising the debt ceiling under President Bush’. Trying to reply that it more a matter of degree than kind is pretty lame, but what else do I got, having been sold out by RINO’s?
Don’t much care for rinos or democrats,would be a shame to have to leave The Grand Old Party though.
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