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ORIGINAL: DomKen
The debt ceiling vote is a stupid recurring thing. Congress passes spending bills and budgets that require borrowing beyond the statutory limit and then have to seperately vote to raise the limit. It is duplicated effort and arguably not even actually required. Congress authorizes the amount to be spent which effectively means they authorize a level of borrowing that corresponds to that.

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And, what was said, was that technically he hasn't won YET (and, searching4mysir even all-cap'ed YET, most likely implying that it is going to happen). Since the Electoral College elector's have yet to have their votes tallied according to the rules, Obama is not the next President of the US. At no point did searching imply that he might not be the next one, only that, according to the rules, he hasn't won it yet.

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ORIGINAL: Yachtie

quote:

ORIGINAL: DomKen
The debt ceiling vote is a stupid recurring thing. Congress passes spending bills and budgets that require borrowing beyond the statutory limit and then have to seperately vote to raise the limit. It is duplicated effort and arguably not even actually required. Congress authorizes the amount to be spent which effectively means they authorize a level of borrowing that corresponds to that.

And just who said this?

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.
...
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

Why, our President on the Senate floor March 16, 2006. And he wants authority for unilateral debt increases.

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ORIGINAL: DomKen

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ORIGINAL: Yachtie

quote:

ORIGINAL: DomKen
The debt ceiling vote is a stupid recurring thing. Congress passes spending bills and budgets that require borrowing beyond the statutory limit and then have to seperately vote to raise the limit. It is duplicated effort and arguably not even actually required. Congress authorizes the amount to be spent which effectively means they authorize a level of borrowing that corresponds to that.

And just who said this?

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.
...
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

Why, our President on the Senate floor March 16, 2006. And he wants authority for unilateral debt increases.

OK. Let's not raise the debt ceiling at all. No more federal spending through next September. Shut down the entire military. No more CIA, FBI etc. Lock the gates of the National Parks. Absolutely no maintenance of the Interstate Highways, no matter what happens. Cease all federal aid to the areas trying to recover from Sandy. No FAA so that's the end of the entire airline industry. No customs inspectors so drugs, terrorists and god knows what else comes in through our ports. No Border Patrol so illegal immigrants come across the borders freely.The US defaults on all of its debt so the global economy melts down into a depression that will take decades or a world war to fix. Seniors receive no more SS checks, leaving most seniors without enough income to live on.

Does that really seem like a good idea to you?

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ORIGINAL: Yachtie

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ORIGINAL: DomKen

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ORIGINAL: Yachtie

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ORIGINAL: DomKen
The debt ceiling vote is a stupid recurring thing. Congress passes spending bills and budgets that require borrowing beyond the statutory limit and then have to seperately vote to raise the limit. It is duplicated effort and arguably not even actually required. Congress authorizes the amount to be spent which effectively means they authorize a level of borrowing that corresponds to that.

And just who said this?

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.
...
And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

Why, our President on the Senate floor March 16, 2006. And he wants authority for unilateral debt increases.

OK. Let's not raise the debt ceiling at all. No more federal spending through next September. Shut down the entire military. No more CIA, FBI etc. Lock the gates of the National Parks. Absolutely no maintenance of the Interstate Highways, no matter what happens. Cease all federal aid to the areas trying to recover from Sandy. No FAA so that's the end of the entire airline industry. No customs inspectors so drugs, terrorists and god knows what else comes in through our ports. No Border Patrol so illegal immigrants come across the borders freely.The US defaults on all of its debt so the global economy melts down into a depression that will take decades or a world war to fix. Seniors receive no more SS checks, leaving most seniors without enough income to live on.

Does that really seem like a good idea to you?

Unbelievable. So you're saying the federal government cannot operate within its means? That to operate it needs more via added debt? You're admitting that, as Obama said in 2006, Obama, like Bush prior to him, is leadership failure?

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ORIGINAL: mnottertail
And still hasnt got a fucking thing to do with the GOPs response to a budget proposal.