Skip to comments.Obama warns of 'disaster' if House GOP doesn't raise debt ceiling (Another Obama disaster!)
Posted on 01/15/2013 7:25:47 AM PST by AngelesCrestHighway
In the final press conference of his first term, President Obama called on House Republicans to pay the bills Congress has already racked up. He also reiterated that he will not negotiate over the debt ceiling. President Obama warned congressional Republicans Monday that a failure to raise the federal debt ceiling in the next several weeks would spell disaster for the US and global economies. And he reiterated his position that he will not negotiate over the debt ceiling. These are bills that have already been racked up, and we need to pay them, Mr. Obama said in the last presidential press conference of his first term. So while I'm willing to compromise and find common ground over how to reduce our deficits, America cannot afford another debate with this Congress about whether or not they should pay the bills they've already racked up.
(Excerpt) Read more at ca.news.yahoo.com ...
Just yesterday Mr. “Never Let a Crisis go to Waste” scolded Congress for careening from crisis to crisis.
this guy sees a disaster every time he passes one of the mirrors in the private residence in the white house.
Obama has broken his oath to defend the U.S. Constitution on numerous occasions. He is effectively “at war” against the United States. He needs to be tried for treason.
the only way the usurper rules, by crisis.......
YOU racked up the debt with your bogus obamacare and other vote buying giveaways!
So YOU figure out what YOU are going to give up, because there is NO OBLIGATION TO FUND YOUR SOCIALIST AGENDA!
Is there some reason NOBODY in the GOP “leadership” has the courage to say this?
BO does NOT have a line item veto!
And it isn’t as though making him mad is going to make things any harder!
Impeach King Obama! Take Biden with him.
Little barry bastard boy commie and his henchgoons work hard to create those disasters, so they certainly don’t want them to go to waste don’tchaknow!
Gotta love how when Obama needed to get re-elected, Bernanke was more than happy to fire up the printing presses with QE 4 right before the election, but now if we don’t give Obama everything he wants, the global economy will supposedly come crashing down and there will be nothing that can be done about it...
You have to admit he is clever. He figured out how to get the gop to do his bidding. And predictably, the gop will bend over backwards, yell at conservatives, and compromise.
Congress has at least a moral obligation to provide funding for the spending bills they enact.
Well then he (o) shouldnt be saying he wont negotiate if he is so worried.
Where is the clueless GOP countering this on TV? Blaming it on O for his ‘you get nothing’ talking points??
This is why they (GOP) lose
-Barack Obama, March 2006
Obama has been in charge for over four years now - four years! - and the economy is still just as bad as it was in 2008 with absolutely no prospect of recovery on the horizon. Will the corrupt MSM ever ask Obama hard questions about the economy, jobs, the growing homeless population?
Why can’t just one republican stand up and stick a finger in Obama’s face?
It’s the twilight zone because the lap dog media would be all over a Republican President for the jobs disaster...
Remember the left’s “No Drama Obama” meme? Bath House Barry ha turned out to be the biggest gay drama queen ever.
The sanctimonious silliness of the Keynesian culprits defies adequate verbal description.
Too bad it isn’t only the people who voted for this guy who will suffer for that choice.
He’s always warning and threatening and stomping his feet while holding his breath.
What moral obligation & what funding? 40% of every dollar that the U.S. federal gubmint spends is borrowed money. There's no "moral obligation" to spend money which the gubmint does not have. That's not immoral, that is the plain common sense truth. It is grossly immoral to saddle more debt on top of future generations. You can't spend yourself into prosperity.
We need to CUT $1 Trillion in spending in 2013 and another $1 Trillion on top of that in 2014, simply to just balance the spending against the revenue (Taxpayer money that is. The gubmint doesn't create or generate one penny of revenure on its own).
Obama IS a disaster.
Worse than any hurricane imaginable.
Yes, immediately removing $2 trillion in spending over the next two years would not affect GDP at all. /sarc
And the moral obligation is that congress passed spending bills. Now the congress is refusing to pay for that spending that’s already been enacted with additional revenues and they are not going to allow the President to raise the money through the Treasury issuing additional bonds. That is immoral and pigheaded.
I don’t know why the President doesn’t take the point of view that by the mere act of passing the spending bills the congress has implicitly raised the debt ceiling by ordering the President to spend X amount of dollars but not providing the revenue to do it.
And the statement that the US government does not have money is ridiculous. The federal government can have as much money as it wants per its constitutional authority to print money.
I think the GOP commits suicide if the House votes to raise the debt ceiling, no matter what deal is made with El Presidente. But they need to back it up with a huge PR campaign.
Where is the outcry against the GOP? Where are the cuts? Is not Congress responsible for the budget? Why can't they explain the difference between the 2007 budget and now? Where is the money going, and why is there a Trillion a year deficit than a few years ago?
Agree 100%. If only Boner/Boehner & the rest of the GOP pukes would only have some balls. I would love to see 0dumb0 and the partisan hack media, go into apocolytic hyper-ventilation if Boner/Boehner laid down such a decree.
Nancy’s 2010 congress that enacted obamacare?
The Senate hasn’t passed a budget since 2009, which contained HUGE spending increases, with the intent of forming a baseline for continued HUGE spending levels.
This is a new congress, which has NO “moral obligation” to fund ANY of this crap!
Hell - Zero and his minions have packed the plastique into the canisters and have lit the fuse. Then they claim the Republicans aren’t blowing hard enough to extinguish the fuse. Would be funny if we didn’t already know we can count on the Repubs to go into panic blowing mode and then try to tell us how they averted a disaster. They think we’re as stupid as the Left’s base - so far we haven’t disappointed them...
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