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HP Inc. Message Board

  • wgrsh wgrsh Oct 4, 2013 10:18 PM Flag

    Obama votes against debt ceiling increase

    Here are Obama’s thoughts on the debt limit in 2006, when he voted against increasing the ceiling:

    "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."

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