Thursday, October 10, 2013

Boehner: 'If Ands Or Buts Were Candy And Nuts, Then Every Day Would Be Christmas'...

Boehner To Lay Out Debt Ceiling Proposal To Obama - CBS DC

DEBT DOUBLES SINCE OBAMA... - Washington Times

The administration says the government will run out of authority to pay its bills by Oct. 17 unless Congress raises the debt limit again to allow more borrowing. The president portrays the move as one of simple responsibility.

“It does not increase our debt,” Mr. Obama said. “It does not grow our deficits. All it does is allow the Treasury Department to pay for what Congress has already spent.”

The president rarely mentions that he, by law, approves congressional spending, and his argument glosses over the nation’s burgeoning total debt.