In the sparring over the issue of raising the debt ceiling BArack Obama weighed in with “harsh language.”
In some of his harshest language to date in the fight over the deficit, President Obama warned today that the debt ceiling should not be “used as a gun” against Americans to extract tax breaks for the wealthy.
A vote on raising the debt ceiling looms.
Barack Obama on raising the debt ceiling in 2006:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said on March 16, 2006. “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. I therefore intend to oppose the effort to increase America’s debt limit.”
Or, why I think Barack Obama has his head up his…..somewhere.
Action on raising the debt ceiling nears, and some Republicans have voiced their potential opposition to raising it.
To some conservatives, refusing to raise the limit on the federal debt could be an effective tactic to force lawmakers into cutting spending and facing such contentious issues as the rising costs of Social Security, Medicare and other entitlement programs.
