Friday, February 5, 2010
"After today's vote to raise the debt ceiling for the third time in twelve months, liberal Democrats in the House and Senate have proven that they are astoundingly out of touch with the American people, and have completely betrayed the promises they and President Obama made on the campaign trail.
"I am confident that in the near future, Democrats will be forced to reckon with the fact that the American people are not stupid and not oblivious to the promises that are being broken every day in Washington. The President cannot claim to be committed to reducing our record-breaking deficit when only days later the Democrat majority votes to raise the debt limit. The President can't call on Americans to tighten their fiscal belts when liberals in Congress are voting themselves a bigger one. He also can't claim to be supporting a "spending freeze" that in reality only applies to only around one-tenth of the budget. And finally, liberal Democrats can't claim to be fixing the economy while mortgaging our children's economic futures and further endangering the fiscal stability we so desperately need in our financial markets right now.
"As a result of House Democrats' vote today to increase the national debt limit to an unbelievable ceiling of $14.3 trillion, every man, woman, and child in America now bears a roughly $46,000 share of the national debt. It's never been more obvious that the frustration of struggling, hard-working American families trying to make ends meet has fallen on belligerently deaf ears in Washington.
"While every political leader would like to be part of making history, President Obama and his liberal Congress are making precisely the wrong kind of history. Their year-long spending binge has broken every record in American history; and they are forcing our children to pay for it."
H. J. Res. 45, the Democrat PAYGO or Raising the Debt Limit Bill, provides the sixth debt limit increase in 3 years— a cumulative increase of $5.33 trillion or 59.4% (reflective of runaway spending) since the Democrats took over Congress.
Posted by Rachel Alexander at Friday, February 05, 2010