Obama asks Congress for $1.2 trillion increase in nation’s borrowing limit

Washington Post ^

[sunmars]

WASHINGTON — President Barack Obama is asking Congress for another $1.2 trillion increase in the nation’s debt limit.

The request is largely a formality. It’s the third and final request the president is allowed under a deal the White House and lawmakers reached in August to prevent a government default.

But Republicans are likely to use the election-year request as an opportunity to criticize the president’s spending policies.

Congress has 15 days to reject the president’s request. The White House says Obama would veto any objections in order to avoid a default.

Obama originally planned to make this request in late December. But with Congress on vacation until mid-January, lawmakers asked Obama to delay his request so they could vote on the matter when they return.

[DJ MacWoW]

Let me ask you a judgment question. I found an NRO article with the quote from Jan 4th, 2011. It was never posted. Should I?

[Jean S]

Yes. I found several other sources with the same quote.

[Drill Thrawl]

And what about the disappearing Tea Party guys that were going to be so aggressive on reducing spending? Did they get paid off too?

Like all political scum, they forgot who put them there.

[Deo volente]

...lawmakers asked Obama to delay his request so they could vote on the matter when they return.

Vote?? Why would they want to vote? That might involve real discussion and debate. Just give the dictator what he wants. That's basically what they've been doing all along.

[Red Badger]

One Trillion Dollars

Equals One THOUSAND BILLION DOLLARS....

Equals ONE MILLION MILLION DOLLARS....

So, you could give away a million dollars to a million people......

[Bitsy]

But, if congress refuses to give him the money he can say he tried to fix things and the money would have doen it but the “do nothing” congress said no. That is going to be his mantra this year. Do nothing congress prevented me from doing my job!

[hattend]

Funny thing. That soundbite never, ever comes back to bite Obama on his ass.

[Squantos]

STOP SPENDING !

Investing with a credit card is insane !...unless yer a socialist democrat idgit !

[hattend]

See, Congress and Obama have all been briefed on the Mayans being right about the world ending on Dec 21st of this year. We peons will never be told.

They’ll spend and spend until the meteor/planet X hits.

That’s the only explanation why they can’t stop....

[unixfox]

Wasn't ending the Iraq war supposed to decrease spending by mega billions? I mean, that's what they told us.

Oh, so they LIED to us again?

FUBO!

[rednek]

“The difference is the sailor actually gets something for his money - if only a hangover.”

or a case of the clap. I’m not sure what we are getting besides screwed....red

[kevao]

Congress has 15 days to reject the president’s request. The White House says Obama would veto any objections in order to avoid a default.

So Zero can increase the debt limit at will unless both houses of Congress can override his veto. That's quite a deal you got for us last summer, John Boner. Quite a deal. The one power you yourself controlled -- the purse strings -- you managed to piss away.

How is this even constitutional?

[the anti-liberal]

[Chgogal]

Yup, Congress refused to give President Dumba$$ ANOTHER Trillion Dollars of our money. Big Bad Congress.

[Jim Noble]

But Republicans are likely to use the election-year request as an opportunity to criticize the president’s spending policies

Cowardly scumbags.

ALL spending is the responsibility of the House of Representatives, with its Republican speaker and large Republican majority.

[icwhatudo]

Since the GOP will cave anyway, they should just say yes now and get it over with without the beating they would normally take before saying yes like they normally do.

1/2 S

[Eleutheria5]

Don’t worry. hyper-inflation will soon reduce 1.2 trillion to grocery money.

[Dubya-M-DeesWent2SyriaStupid!]

Imagine all of this $pending while Obama guts the military and missile defense.

[savedbygrace]

The correct response to this request is complicated and difficult to explain:

NO!

[Chode]

and America takes another one in the........