Topic: King Barry at it again! PASS THE VASELINE | |
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http://news.yahoo.com/obama-ask-debt-limit-hike-treasury-official-152416457.html Obama to ask for debt limit hike: Treasury official Reuters – 2 mins 42 secs ago (Reuters) - The White House plans to ask Congress by the end of the week for an increase in the government's debt ceiling to allow the United States to pay its bills on time, according to a senior Treasury Department official on Tuesday. The approval is expected to go through without a challenge, given that Congress is in recess until later in January and the request is in line with an agreement to keep the U.S. government funded into 2013. The debt is projected to fall within $100 billion of the current cap by December 30, when the United States has $82 billion in interest on its debt and payments such as Social Security coming due. President Barack Obama is expected to ask for authority to increase the borrowing limit by $1.2 trillion, part of the spending authority that was negotiated between Congress and the White House this summer. Under the agreement struck in August during the showdown over the government's debt limit, the cap is automatically raised unless Congress votes to block the debt-ceiling extension. Lawmakers have 15 days within receiving the request to vote, which is largely symbolic because the president can veto it and Congress would be unlikely to muster the two-thirds majority to override it. Moreover, the U.S. House of Representatives also is in recess until January 17. The deal called for raising the debt ceiling by $2.1 trillion to serve the nation's borrowing needs into 2013 and also included mandatory cuts to the federal budget deficit. Since then, the extension has been increased twice by a total of $900 billion. The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request. |
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http://news.yahoo.com/obama-ask-debt-limit-hike-treasury-official-152416457.html Obama to ask for debt limit hike: Treasury official Reuters – 2 mins 42 secs ago (Reuters) - The White House plans to ask Congress by the end of the week for an increase in the government's debt ceiling to allow the United States to pay its bills on time, according to a senior Treasury Department official on Tuesday. The approval is expected to go through without a challenge, given that Congress is in recess until later in January and the request is in line with an agreement to keep the U.S. government funded into 2013. The debt is projected to fall within $100 billion of the current cap by December 30, when the United States has $82 billion in interest on its debt and payments such as Social Security coming due. President Barack Obama is expected to ask for authority to increase the borrowing limit by $1.2 trillion, part of the spending authority that was negotiated between Congress and the White House this summer. Under the agreement struck in August during the showdown over the government's debt limit, the cap is automatically raised unless Congress votes to block the debt-ceiling extension. Lawmakers have 15 days within receiving the request to vote, which is largely symbolic because the president can veto it and Congress would be unlikely to muster the two-thirds majority to override it. Moreover, the U.S. House of Representatives also is in recess until January 17. The deal called for raising the debt ceiling by $2.1 trillion to serve the nation's borrowing needs into 2013 and also included mandatory cuts to the federal budget deficit. Since then, the extension has been increased twice by a total of $900 billion. The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request. |
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Well, one thing for sure, he just raised Ron Paul's support base! ![]() ![]() ![]() |
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By the time this clown is done debt to GDP is going to be 120%..
These fning guys are simply clueless.. I really am beginning to think he wants to bring down the economy.. |
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Edited by
Sojourning_Soul
on
Tue 12/27/11 10:16 AM
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But, he's the first half black president in history.
He can be forgiven his screw-us's. Wish someone or some group could get something to put him away for a very long time, freeze then share his assets with us po folks. |
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Edited by
Sojourning_Soul
on
Tue 12/27/11 11:14 AM
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There are the birthers (I won't go there for obvious reasons) who question his "right" to be President at all, but I have other more serious questions/issues.
By his own admission, from his book Audacity of Hope: "I will stand with the Muslims should the political winds shift in an ugly direction." Makes you wonder what his agenda is, who may be calling his plays, and I feel a little more challenging to his policy decisions and right to the presidency. Romney can't gain ground (thank goodness) partly because of his Mormonism. What are people supposed to think about christian(?) Owe-bummers own admission? Hussein....good muslim name, and not the one he was born with. |
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There are the birthers (I won't go there for obvious reasons) who question his "right" to be President at all, but I have other more serious questions/issues. By his own admission, from his book Audacity of Hope: "I will stand with the Muslims should the political winds shift in an ugly direction." Makes you wonder what his agenda is, who may be calling his plays, and I feel a little more challenging to his policy decisions and right to the presidency. Romney can't gain ground (thank goodness) partly because of his Mormonism. What are people supposed to think about christian(?) Owe-bummers own admission? Huessain....good muslim name, and not the one he was born with. That's kind of what my recent post is about. Uncle Joe is investigating Barry's right to be in office. And, I remember well his statement about standing with the muzzies. |
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Edited by
Sojourning_Soul
on
Tue 12/27/11 11:24 AM
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I don't condemn anyones right to the belief of their choice, but a man takes a Muslim name other than the one he was born with, professes to be "christian", and states his interests side with muslims.....
Kind of a 2 to 1 ratio there that raises a few questions in my book. |
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Saying one thing, but meaning another..........standard practice for a politician. I suppose the "Yes we can" catchphrase was meant for muslims and not americans.
Sure, I'll catch flak for that remark, but if his interest does side with muslims over americans, tell me what else it would mean? |
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There are the birthers (I won't go there for obvious reasons) who question his "right" to be President at all, but I have other more serious questions/issues. By his own admission, from his book Audacity of Hope: "I will stand with the Muslims should the political winds shift in an ugly direction." Makes you wonder what his agenda is, who may be calling his plays, and I feel a little more challenging to his policy decisions and right to the presidency. Romney can't gain ground (thank goodness) partly because of his Mormonism. What are people supposed to think about christian(?) Owe-bummers own admission? Hussein....good muslim name, and not the one he was born with. actually, that quote isnt from his book at all |
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I don't condemn anyones right to the belief of their choice, but a man takes a Muslim name other than the one he was born with, professes to be "christian", and states his interests side with muslims..... Kind of a 2 to 1 ratio there that raises a few questions in my book. what name did he take that he was not born with? and since when do muslims go to baptist churches for nearly twenty years or HALF thei rlife? |
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I don't condemn anyones right to the belief of their choice, but a man takes a Muslim name other than the one he was born with, professes to be "christian", and states his interests side with muslims..... Kind of a 2 to 1 ratio there that raises a few questions in my book. what name did he take that he was not born with? and since when do muslims go to baptist churches for nearly twenty years or HALF thei rlife? |
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I don't condemn anyones right to the belief of their choice, but a man takes a Muslim name other than the one he was born with, professes to be "christian", and states his interests side with muslims..... Kind of a 2 to 1 ratio there that raises a few questions in my book. what name did he take that he was not born with? and since when do muslims go to baptist churches for nearly twenty years or HALF thei rlife? unemployment wasnt instituted under this Administration, has existed for decades and wont be ending under this administration either,,, thank goodness, considering how many have found themself unemployed I will let the courts decide the constitutionality of insurance, as they probably are prepared to do since they have faced similar resistance with the mandated car insurance laws Gaddhafi wasnt 'allowed' to be killed by Obama as he is not the president of Libya america has freedom of religion, not just the religion you agree with,,that means wherever there is a right to build a church there should be a right to build a mosque Obama was never in the military, IM sure he isnt the first to call them 'corpse men' I likewise dont agree with REPEALING Dadt, but we will let time tell if its as destructive as we think it is,, as I have never served in the military either and those I have talked to who do and who have dont seem to think it matters because of the 'discipline' expected in that environment We know that he graduated HARVARD LAW, magna cum laude, ,,,,,I doubt there is much else detail needed,,,,,,regarding his education,,, This guy gets it right sometimes and wrong sometimes, like every guy before him,,, |
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