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Obama Opposed Raising the Debt Ceiling In 2006 – His Thoughts Then

In President Obama’s own words in 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. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. –  Barack Obama 2006

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  3. China Warns U.S. On Debt Default
  4. Video: Sheila Jackson Lee Blames Debt Crisis On GOP Racism
  5. On The Eve Of the 4th of July, Obama Embraces The Muslim Brotherhood

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