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Showing posts with label Debt Limit. Show all posts
Showing posts with label Debt Limit. Show all posts

Wednesday, July 20, 2011

Obama Position on the Debt Limit

"The fact that we're here today to debate raising America's debt limit is a sign of leadership failure. Leadership means '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 America's debt limit." - Obama - 2006


The GOP was wrong then and Obama was right. Do not increase the debt!

Now today?