From Obama speech before voting against raising the debt ceiling
President Obama on raising the debt ceiling
Obama is quickly making Carter look like a decent president.
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.
President Obama on raising the debt ceiling
He realizes now that raising the debt ceiling is so important to the health of this economy and the global economy that it is not a vote that, even when you are protesting an administration's policies, you can play around with.