Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,'
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
Uhhh, is he new? He's pandering to the mouth breathing crowd.
Raising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today.
In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past:
"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."
Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
- See more at: [
link to cnsnews.com
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Boehner rips Cruz: 'Lucifer in the flesh,' 'miserable son of a bitch'
Check Out Models Of The Cosmic Web That Connects Galaxies
The end of humans working in service industry?
Alabama House Committee Approves Bill to Abolish Marriage Licenses in State
Hubble Telescope Captures Sharpest Image Yet of Mysterious Red Rectangle
Scientists claim first successful gene therapy against human ageing.
It's Now Almost Impossible To Save For Retirement
New Report Shows Police Preparing For Rioting On A National Scale
Judges Call For Law Banning ‘Fattism’
The driverless truck is coming, and it’s going to automate millions of jobs
Here’s what might start WW3
How To Detect A 2 Way Mirror
Mind-reading computer deciphers words from brainwaves BEFORE they are spoken
Secret Project Created Weaponized Ebola in South Africa in the 1980s
194 Countries Agree to Regulate Synthetic Biology
NSA Cyber War Will Use Internet of Things as Weapons Platform; Your Home is the Battlefield
Vatican Climate Change Speaker Wants Earth Constitution
‘Scientists Can Now Make Lithium-Ion Batteries Last a Lifetime’ *
Missing Y Chromosomes Found to Be the Missing Link Between Neanderthals and Modern Humans
Traffic lights in sidewalks so smartphone users don't have to look up
Sharks Glow, But Only For Each Other
Massive food deception: Genetically engineered crops soon to be marketed as 'Non-GMO'
Smart Meters causing tidal wave of mysterious illnesses that strike people in their own homes
Trump warns he'll disappear from public life if he loses
Proposed law would make it illegal to protect your body from being shot by police
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.005s (4 queries)