Tuesday, April 12, 2011

Obama Mistake: Raising Debt Ceiling in 2006


Obama, before casting his vote on March 16, 2006, said: “The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. 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. I therefore intend to oppose the effort to increase America's debt limit.”