Obama to cede high ground to Republicans by asking to spend more money

Discussion in 'Economy' started by Quantum Windbag, Dec 27, 2011.

  1. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    Remember last year when Obama insisted on a debt ceiling increase large enough to get him through this year without having to ask for more money? It seem that he forgot to factor in that he spends money faster than Charlie Sheen, so he has to go back and ask for more.

    Obama administration to seek $1.2 trillion debt ceiling increase – The 1600 Report - CNN.com Blogs
     
    • Thank You! Thank You! x 1
  2. Wiseacre
    Offline

    Wiseacre Retired USAF Chief Supporting Member

    Joined:
    Apr 8, 2011
    Messages:
    6,025
    Thanks Received:
    1,192
    Trophy Points:
    48
    Location:
    San Antonio, TX
    Ratings:
    +1,194
    So essentially next year's deficit wil be 1.2 trillion, unless they misfigured the expenditures. Which wouldn't surprise me, what if Obama has to go back to Congress before election day and ask to raise the debt ceiling higher?
     
  3. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Wowie!...Another (claimed) fiscal train wreck, purposefully set up in advance, in order to try and extract the greatest political advantage possible?

    Gee...never saw that one coming. :rolleyes:
     

Share This Page