Leatherneck Blogger

Obama offers quote of the year on the debt ceiling vote

with one comment

By Dustin Hurst | Watchdog.org

President Barack Obama just delivered what might be the quote of the year.

As Congress continues to butt heads over Obamacare funding and the looming debt ceiling vote, the president’s critics continually knock him for voting against a debt limit hike in 2006 when he was a member of the U.S. Senate.

On Thursday, the president offered a simple explanation.

“Nothing has changed,” Obama told WFLA in an interview. “I voted against a debt ceiling increase at the time because I had some concerns about what President (George W.) Bush was doing.”

Really.

Obama’s concerns might have evolved over time, though. During his 2006 floor speech against the increase, he delivered a quote that circulates widely through social media and email chains.

Here it is:

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 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 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.

Obama had repeatedly called on Congress to raise the nation’s debt limit without strings attached, but Speaker of the House John Boehner, R-Ohio, proposed Thursday increasing the debt limit only if the president would sit down to negotiate re-opening the government.

Contact: Dustin@Watchdog.org

Written by Leatherneck Blogger

October 14, 2013 at 06:00

Posted in Liberal, Politics

One Response

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  1. The truly frightening thing about the debt ceiling is that if it is breached, Obama will be able to assume almost dictatorial power over all aspects of government. Since Congress has never set any rules for what bills would or would not be paid, Obama would gain the power to, for example, eliminate all funding for national defense simply by declaring there to be no money for it. Obama could cut off funding to keep Guantanamo open, forcing the release of the prisoners there. Obama could close all the highways going into the red states. Obama could cut off funding for every probe into his administration’s activities. And it looks like more than half the country is willing to go along with this. With all this massive power in hand, it’s no wonder Obama seems to be baiting a debt ceiling breach.

    Melanie Hunter

    October 14, 2013 at 06:18


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