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Obama on Verge of ‘Impeachable Offenses’
Ms Sans Serif
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[quote:Founders Fan:MV8yMzgzNzMyXzQwNzkzODI1XzgxM0M2QUE1] I've tried to tell people there is no reason for default for the reasons you mentioned, Just trying to scare people to get what he wants. Chicago style all the wat [/quote]
Apparently the president thinks he can furlough reality when talking about the debt limit. To suggest that raising the debt limit doesn’t incur more debt is laughably absurd. The very reason why you raise the debt limit is so that you can incur more debt. Otherwise what’s the point?
There is no way we can default if we follow the Constitution. The Fourteenth Amendment, Section 4, requires that we service our debt first. We currently collect more than enough tax revenue to service our debt if we do that first. However, we don’t have enough money to continue to finance our ever-growing federal government (with our $17 trillion dollar national debt that has increased over 50% since Obama took office). That’s why President Obama wants to increase the debt limit. He doesn’t want to make the tough decisions to rein in government spending.
Defaulting on our national debt is an impeachable offense, and any attempt by President Obama to unilaterally raise the debt limit without Congress is also an impeachable offense.
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