Just a few short years ago, Obama said, “This rising debt is a hidden domestic enemy”
Obama Wants Power to Raise Debt Limit By Himself, Anytime
 | By Heritage Foundation Amy Payne (Bio and Archives) Wednesday, December 5, 2012 | Print friendly | Subscribe | Email Us |
President Obama wants to do away with Congress when it comes to raising the country’s legal debt limit. Instead of getting permission from the people’s elected representatives to borrow and spend more money, he wants to do that all by himself.
It seems typical of the President Obama we know, but just a few years ago, he spoke vehemently against putting America in debt. Here is then-Senator Barack Obama on March 16, 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.
The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, has a staff of 244 and an expense budget of $61 million.
Our Mission
To formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.
.(JavaScript must be enabled to view this email address)