Flashback: 2006—Senator Obama Voted NO on Raising the Debt Ceiling
posted at 7:48 am on July 15, 2011 by Rovin
(via the National Review)
“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.” …….. Senator Barack Obama
(All emphasis above, mine)
Also from the National Review—“In 2007 and in 2008, when the Senate voted to increase the limit by $850 billion and $800 billion respectively, Obama did not bother to vote. (He did vote for TARP, which increased the debt limit by $700 billion.)” And how many Democratic Senators voted “for” raising the debt ceiling in 2006 during the Bush administration?
Think this is funny? Well, the New York Post did, sort of:
Here’s a joke for you:
President Obama nearly bankrupts the country with his out-of-control deficit spending — then demands responsible fiscal leadership from the Republicans………
Who but a comic could propose (as Obama did back in February) a $3.7 trillion budget that would have added $7.2 trillion more to the national debt by 2021?
When that drew universal scorn, who but a jokester would then have followed with a specifics-free do-over speech on fiscal policy in April? That “plan” was so funny that, when asked about its budgetary effects, Congressional Budget Office chief Douglas Elmendorf cracked, “We don’t estimate speeches.”
And who but a funnyman would explicitly threaten senior citizens, as Obama did this week, by saying he couldn’t “guarantee” that Social Security checks would go out on schedule next month if an agreement to raise the borrowing limit can’t be reached?
Meanwhile, no Democratic-controlled chamber of Congress has been able to pass a budget in two years: They refuse to cut spending, they don’t dare raise taxes without Republican cover — and now even new borrowing could become impossible.
And Americans are supposed to take the Democrats and the President—-seriously? Now that’s a joke!
(cross-posted at Rovin’s World)