SEARCH BLOG: OBAMA and ECONOMY.
From the New York Daily News:
nota deadbeat nation’: Obama warns Republicans against refusing to raise borrowing limit.
Obama says it's unacceptable for Republicans to make raising debt ceiling contingent on spending cuts. GOP won't be allowed to hold 'a gun to the heads of American people,' Obama declares.Obama warns GOP about trying to force the nation to be fiscally responsible saying that our ability to borrow should be unlimited while our requirement to pay should be based solely upon our ability to borrow.
Really paying for things is for suckers.
The present Outstanding Public Debt as of now is estimated at: