Obama admin. cotinues to sabotage U.S.-US Treasury asks Congress to lift debt ceiling

Discussion in 'Politics' started by (R)IGHTeous 1, Jan 6, 2011.

  1. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    US Treasury asks Congress to lift debt ceiling
    Jan 6 10:24 AM US/Eastern

    Treasury Secretary Timothy Geithner asked Congress to raise the US debt ceiling Thursday, firing the starting gun on a fresh political battle over the country's massive deficit.

    In a letter the Senate's top legislator, Geithner asked for permission to increase the national debt from the 14.29 trillion dollar limit set last year.

    US Treasury asks Congress to lift debt ceiling
     
  2. Truthmatters
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    lets remember this little battle sunk the republican party in in Newts day
     
  3. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    That's right....there's a good sheep......keep thinkin we can just KEEP borrowing.....and borrowing......and borrowing...........
     
  4. Truthmatters
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    United States House of Representatives elections, 1998 - Wikipedia, the free encyclopedia



    They were a major disappointment to the Republican Party, which was expecting to gain seats due to the embarrassment Clinton suffered during the Monica Lewinsky scandal, and the "six year itch" effect observed in most second-term midterm elections. Instead, the GOP lost five seats to the Democratic Party, but retained a narrow majority in the House. A wave of Republican discontent with Speaker Newt Gingrich prompted him to resign shortly after the election.
     
  5. Truthmatters
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    Dear fucking idiot, every economist in the country will tell you it would be a disastor to just allow the US to default.
     
  6. Meister
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    Meister VIP Member Supporting Member

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    They're going to have to lift the ceiling, but the republicans are in a position now to demand serious cuts in order to get it. They may very well tie Obama's hands on this matter to move forward.
     
  7. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    So we're just supposed to KEEP borrowing recklessly and RAISING OUT SPENDING LIMIT, ENCOURAGING AND TURNING A BLIND EYE TO ANY FURTHER FISCAL RECKLESSNESS?


    Better address that letter to yourself sheep.:lol::cuckoo:
     
  8. Meister
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    Pot-Kettle-Black, TruthDoesn'tMatter. :eusa_whistle: sheesh
     
  9. ba1614
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    ba1614 Silver Member

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    Only if dems are requesting it, otherwise it's bad for the country.
     
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  10. (R)IGHTeous 1
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    (R)IGHTeous 1 GOPROUD

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    But of course.........................:lol:
     

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