What everyone should read regarding the Debt Ceiling Debate that’s coming –> Conn Carroll
“The debt limit is not “the United States simply making good on its promise to pay back the debts Congress and two successive administrations.” That is a White House talking point, not a fact. In reality, the debt limit is simply a legal authorization bestowed by Congress to the Secretary of the Treasury to issue new debt.”
Yep, Its time to let President Obama know that “at a certain point you’ve borrowed enough “…
The time for blaming Bush has ended. This chart shows you where we went awry. Things were getting better until the 2007 Democratic Congress.