Wednesday, June 1, 2011

From Heritage: The Debt Is Not a Game, Mr. President

The Foundry  "Well, President Obama asked for it. And last night he got it in grand fashion—a “clean vote” on raising the nation’s debt limit, free of any of the desperately needed spending cuts that Americans are demanding, conservatives support, but liberals abhor. And by a 318–97 margin, the House of Representatives shot down the President’s effort to authorize $2.4 trillion in additional borrowing by the federal government without condition.
"The vote was introduced by the House Republican majority to send a message to the President in advance of their meeting today at the White House: There cannot be more borrowing and spending without significant spending cuts and reforms."   More on this topic here.  And here.

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