Tag: ceiling

The Truth About The Debt Limit


The Washington Examiner’s Conn Carroll takes issue with Buzz Feed’s characterization of the debt limit as simply being an authorization to make good on debts the government has racked up by previous congresses. Basically, Buzz Feed’s John Stanton was just…

As A Senator, President Obama Voted Against Raising the Debt Ceiling, Called it ‘Leadership Failure’


My, oh my, how things change. In 2006 President Obama, who at the time was a first term US Senator with ambitions, voted against raising the debt ceiling. He said: “The fact that we are here today to debate raising…