Posted on 01/31/2016 6:45:38 PM PST by SoFloFreeper
Federal Reserve Bank of New York officials secretly conducted real-time exercises during the 2011 and 2013 debt-limit crisis that demonstrated the federal government could function during a temporary shutdown by prioritizing spending, even as Treasury Secretary Jack Lew publicly claimed many times that such efforts were "unworkable," according to a new report by the House Financial Services Committee obtained by The Daily Caller News Foundation.
The staff report, to be released Tuesday, charges that Lew and other Obama administration officials deliberately misled Congress and the public during the federal budget and debt limit showdowns in both years. The committee will convene a public hearing on the report Feb. 2.
(Excerpt) Read more at dailycaller.com ...
Typical Democrats.
You know it’s just weird how the obvious is treated like news. I remember several talk radio shows and thier guest talking about this at the time. The government takes in 400 billion a month is taxes, and can continue to pay the mandatory spending indefinately. Obama was lying then and these folks are lying now acting as if this is news. It’s not, but shame on McConnell and Boehner for going along with it and not calling Obama’s bluff.
Obama lies about EVERYTHING & after 7 years, it seems Congress is only on the brink of catching on. He plays chess, Congress plays tiddly winks, thus Obama gets whatever he wants & what he appears to want most is the destruction of this country.
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I wonder if the debt crises match up with Obama declaring ‘xxx’ a national monument/preservation ??????
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