Sen. Obama voted against debt limit hike


by NW Spotlight

Do as I say, not as I do has a great article today about President Obama trying to justify why he voted against raising the debt limit when he was a senator, but now he criticizes Republicans when they do the same.

Here’s what then-Sen. Obama said in a 2006 floor speech against raising the debt limit:

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 US Government cannot 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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Posted by at 02:45 | Posted in Federal Budget, President Obama | 697 Comments |Email This Post Email This Post |Print This Post Print This Post

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