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The debt ceiling needs to be raised because the Congress passed a deficit budget and ALREADY spent that money. If they didn't spend it, we wouldn't have to borrow to pay for the bills we already encumbered.
The debt ceiling needs to be raised because the Congress passed a deficit budget and ALREADY spent that money. If they didn't spend it, we wouldn't have to borrow to pay for the bills we already encumbered.
No they did NOT spend that money, because employees salaries are not obligations UNTIL THEY WORK THEM.. If you think my view is stupid, then maybe you need to go argue with the rest of the world because
budget: a. An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them: submitted the annual budget to Congress.
budget: A stock or collection with definite limits
There is no ACTUAL or obligation ANYWHERE in the definition. Anyone who graduated from school should know the meaning of words they plan to use.
The debt ceiling needs to be raised because the Congress passed a deficit budget and ALREADY spent that money. If they didn't spend it, we wouldn't have to borrow to pay for the bills we already encumbered.
Funny how your messiah didn't agree......
From Sen. Obama’s Floor Speech, March 20, 2006:
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 U.S. Government can’t 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.
Obama doesn't like a budget because he never wanted people to see what he was planning to spend the loot borrowed from America's future on. Plus, he wanted to be able to send that loot to whoever he felt like.
The debt ceiling needs to be raised because the Congress passed a deficit budget and ALREADY spent that money. If they didn't spend it, we wouldn't have to borrow to pay for the bills we already encumbered.
There has not been an operational budget since 2009. Or am I missing something?
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