
Obama did it. He asked Congress for another $1.2 trillion today.
Flashback: Obama called Bush “unpatriotic” for raising the debt limit by $4 trillion during his eight years.
It took Obama 3 years.
And now he wants another $1.2 trillion.
The Washington Post reported:
President Barack Obama is asking Congress for another $1.2 trillion increase in the nation’s debt limit.
The request is largely a formality. It’s the third and final request the president is allowed under a deal the White House and lawmakers reached in August to prevent a government default.
But Republicans are likely to use the election-year request as an opportunity to criticize the president’s spending policies.
Congress has 15 days to reject the president’s request. The White House says Obama would veto any objections in order to avoid a default.
Obama originally planned to make this request in late December. But with Congress on vacation until mid-January, lawmakers asked Obama to delay his request so they could vote on the matter when they return.
We know. It must be Bush’s fault.
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Published May 23, 2012 at 4:57 am - 64 Comments
Granny commented:
So, he has run through $3trillion in debt increase since August . . . that is just about 3 months per increase. What is he going to do come April, now that he’s using up his last trip to the well?
pink tie Republican commented:
No sweat. Ben will print whatever we need. Why are you all so worried?
cal rifkin commented:
The only thing concerned citizens can do ?? Nuthin’ Shut up!!
Gus commented:
Tim Geithner. He is the only one who can save us. No time to talk about it, just put Tim Geithner in charge. Voila!! Problem solved.
FurryGuy commented:
*Sigh* I remember when a debt spending of several million was cause for great voter anger and enough to change the party in charge in Congress.
We should just rename the capitol to Weimar D.C. and have done with it. Our “betters” in charge sure don’t care about the future.
FurryGuy commented:
Of course Barry needs another $1.2T. Can’t buy as many voters, or pay off enough cronies, with a mere trillion as you could in 2008.
Rose commented:
We came NOT to praise Caesar, but to see him receive his Great Harvest – his Great Reward. We came to see it land on him squarely.
We came to see him be swallowed up and overwhelmed by his Harvest landing squarely on his head.
Blacque Jacques Shellacque commented:
No, no, and NO.
Enough already.
And McConnell and Boehner better not try to strike another deal. No more of those as well.
Tim Geithner commented:
Hey Everybody!!! Just got here. Let’s get this party started.
Gerry commented:
I like the picture. The grey hair suits him well. Kinda makes him look as if he gives a crap about the condition of the nation, rather than his re-annoiting. NOT!
Greg commented:
Thank goodness the Great Odogma gave me that extra $40 a week for xmas. I can put it towards the $12,000 that will be my family’s share of this 1.2 Trillion. FOUR MORE YEARS!………….to bankruptcy.
bear commented:
ANY (so-called) republican who votes for this should be voted out. That, in lieu of the more appropriate “tar & feathers” approach.
SeniorD commented:
Hey, ‘Alice in Wonderland’ Hollween Parties, separate trips to Hawai’i, Paris, where ever, and those darn Greens Fees take money dochaknow!
Mark1957 commented:
He’s going to get the money anyway, so make the little prick get down on his knees and beg for it before you give it to him.
Hobbitually conservative commented:
He only needs ten percent of it for his reelection, give the guy a break.
bg commented:
++
a Republic Ma’am, if you can keep it
The Oligarchy We Live In, Charted
“a tyranny of the Elite”
==
Ausonius commented:
Do not leave Boehner and the rest of the house leadership off the hook on this.
Not one dime gets spent that the house doesn’t approve.
Barry’s a marxist no doubt; we should expect much more from a republican-controlled house.
bg commented:
++
re: #16 January 12, 2012 at 6:24 pm bg
Democrats beat the market by 73 basis points per month, compared
to 18 for Republicans. That’s a rout anyway you look at it. Senators
fare even better than house members.
==
GOP KICKS ASS commented:
If the limp-wristed GOP Congress caves again on this one, I will NEVER give another dime to the RNC again in my entire lifetime. Are you listing RNC? We are done be your saps.
Sasja commented:
I want to see an itemized list of expenditures with an explanation for each, why this money is needed. Then I want Congress to give him a resounding NO! It is time for Congress to stop enabling him.
befuddled commented:
@#17Do not leave Boehner and the rest of the house leadership off the hook on this.
Not one dime gets spent that the house doesn’t approve.
Barry’s a marxist no doubt; we should expect much more from a republican-controlled house.
Exactly, as far as I’m concerned, the Republicans hold the purse strings and they have been abetting his crimes. We didn’t put in these Republicans to be a speed bump for Obama, we put them into office to stop him.These republicans need to be shown the door along with Obama before we become a 3rd world debtor nation like Greece.
Little Orenthal commented:
This is TREASON.
Remember last time.. oh waaaaaay back …. in the summer, when we had the last debt limit debate? Holy smokes this psychopath has already ran through $2 trillion? Where, for the love of GOD, did this money go. I WANT TO KNOW RIGHT NOW GD!!!!!
oh yeah, and remember last time when demorats called us clear thinkers ‘hostage takers’? Because “we didn’t want to pay the bills”? WOW.
I’ve often wondered if we’ll survive as a country.. but now, honestly, I wonder if we deserve too. Sad, but true. We’ve got too many stupid people voting and running things who don’t know that 2+2=4. The economic illiteracy on show every day makes my skin crawl. I’d love to see the people responsible for this lawfully executed for the destruction of our once great country. In 3 years, treason has brought this country to its knees… and not a word from the media
Its over.
How do great countries collapse? Look at the last 3 years. An affirmative action / white guilt election of a culturally non-American President running the country who has the economic know-how of a 14 year old teenage girl.. thats how
Molon Labe commented:
And the GOP will bend over.
gosh! commented:
Election is coming ……………more vacations are needed………….his goal is to bankrupt and destory our country…………he knows no one will stop him………..just sayin
Restless Legs commented:
Three words of advice for all Republicans in Congress: J U S T S A Y N O
saveus commented:
the deal they made with obummer prevents them for all pratical purposes from stopping this
shame on the repub. leaders
S. Wolf commented:
The Terrorist in Chief who meets with Iranian terrorists in the WH and wants to radically transform America blithely asks Congress for yet another 1,500,000,000,000 dollars. Hell no.
FU#K OBAMA commented:
Imam Obama’s European buddies are a askin…. hey buddy can you spare a dime?
Cutlers bad Thumb commented:
Little # 22…….Yes Bullseye…..
MikeO commented:
They are talking a Q3 round of printing money today. Gues this 1.2 trillion won’t come from borrowing, but from printing fiat money. The national credit card is maxed out and the global lender have nothing more to give.
jd commented:
many on this board attack obama, and rightfully so. but remember, the republican leadership agreed to this. boehner et al. need to grown some balls and stand up to the president before the tyranny is complete. we gave them power in 2010, and they still compromise in the worst of ways.