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WASHINGTON (Reuters) - The White House plans to ask Congress for an increase in the debt limit before the end of the week, according to a senior Treasury Department official.
The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request.
It was $9.5 Trillion when he came into office.
What a complete disaster this fraud is.
I seem to remember him talking about fiscal responsibility, cutting his trillion dollar first year deficit in half, but that doesn't seem likely.
Is this part of that success you were talking about?
Quote:
Originally Posted by florida.bob
Well said. I also think there are many that fear that Obama WILL be successful in dealing with the massive issues we are facing. That idea scares them for some reason.
Or are you now going to say you were wrong here?
Quote:
Originally Posted by florida.bob
I am sure you will find some who will believe your nonsense, but not too many who have some awareness of facts.
It's no wonder why we are heading for a Europe style economic collapse ...
And Obama has the peddle to the metal while heading for the cliff
Oh, I got it now. No point, just rant.
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... unbelievable
