Cruella
Well-Known Member
- Joined
- Feb 20, 2012
- Messages
- 4,311
Obama digs heels in, refuses to negotiate debt ceiling
"President Barack Obama on Monday rejected any negotiations with Republicans over raising the nation's borrowing limit, accusing his opponents of trying to extract a ransom for not ruining the U.S. economy in the latest fiscal fight."
Senator Obama, 2006
"President Barack Obama on Monday rejected any negotiations with Republicans over raising the nation's borrowing limit, accusing his opponents of trying to extract a ransom for not ruining the U.S. economy in the latest fiscal fight."
Senator Obama, 2006
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 U.S. Government can’t 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.