Monday, July 25, 2011

Debt Ceiling Quotes from Obama

During the debate to raise the debt ceiling in 2006, then-senator Barack Obama had this to say:  “The fact that we are here today to debate raising America's debt limit is a sign of leadership failure... 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.”
He subsequently voted against raising the ceiling. As president, however, Obama has called opposing a rise in the debt ceiling as dangerous.


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