President Obama called House Speaker John Boehner today to tell him that he won't talk to him.
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President Obama called House Speaker John Boehner today to tell him that he won't talk to him.
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That is what Obama said before voting against raising the debt limit to $8.965 trillion. On October 17, the United States will max out it's debt limit of $16.7 trillion. Now Obama says it would be irresponsible not to raise the limit.Quote:
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. Increasing America’s 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 in 2006
What is the point of even having a debt ceiling if we are going to raise it every time we get close to it?
Very true. Debt ceiling needs to be set and stayed in place. Budget has to be set where it has more positive balance to start paying off the debt no matter who is the politician. Would post an image but cannot upload.
We have sold the future of our descendants down the river.
Well as Republicans cave under the pressure of falling poll numbers thier tendency to go into self political preservation mode kicked in, having secured only to provisions fought for and that being: income verrification for Obamacare subsidies and the sequester cuts remain in place. So in essense Obama gets 100% of everything he wanted so that there will be nothing left to negotiate.
...Kicked the can down the road. I believe that the attempt to defund Obamacare was an overreach given the political demographics on Capital Hill, but Ted Cruz and the other Tea Party Republicans were doing what their constituents sent them their to do. It was the divisive tone and the attacks against those Tea Party Republicans from within the Rebublican Party itself from RINOs like McCain that killed any effort to delay or roll back the unfair exemptions and gave the President a clear path to get 100% of everything he wants regardless of their harmful effects.
Like I said before, if the party wants a bill to become law, changed or completely remove, they have to get enough in Congress that will support them. Now, worldwide, the tea party is seen as extremist. I miss the good old GOP, Reagan style, not this.