Government

Reports: Obama Will Ask for $1.2 Trillion Increase in Debt Limit by Week’s End

Obama to Ask for Increase in Debt CeilingBack in August, Congress passed a deal to raise the nation’s debt ceiling after a highly contentious debate between the two parties. Back then, the fight was over about a $2 trillion increase in spending. So imagine what might happen when Congress returns from vacation to find the president has asked for a $1.2 trillion increase in the limit.*

According to Reuters, that’s exactly what Obama is getting ready to do:

The debt limit is projected to fall within $100 billion of the current cap by December 30. President Barack Obama is expected to ask for additional borrowing authority to increase the limit by $1.2 trillion.

Under the new budget, Congress can only vote to block the debt-ceiling extension with a disapproval resolution. Lawmakers have 15 days within receiving the request to vote down the debt limit increase.

The debt limit currently stands at $15.194 trillion and would increase to $16.394 trillion with the request.

Also of note: the supercommittee launched at the time of the debt deal that was tasked to find at least $1.2 trillion in cuts failed in late November. The minimum amount the committee was supposed cut spending by is, coincidentally, the same amount the president is set to ask Congress to increase the debt limit by. That means automatic cuts of that amount will begin in January 2013 — a condition included in last summer’s deal.

The national debt has soared because the government has run record annual deficits over the past decade. That has stoked intense partisan debate in Congress over spending and taxes. Polls show growing voter anger with the inability of both parties to reach solutions to the country’s budget problems.

In late summer, Sen. Tom Coburn (R-OK), an outspoken critic of the debt deal, said the agreement wouldn’t end up cutting spending.

“In spite of what politicians on both sides are saying, this agreement does not cut any spending over 10 years. In fact, it increases discretionary spending by $830 billion,” he said at the time.

“I voted against this agreement because it does nothing to address the real drivers of our debt. It eliminates no program, consolidates no duplicative programs, cuts no tax earmarks and reforms no entitlement program. The specter of default or a credit downgrade will still hang over our economy after this deal becomes law.”

It looks like he was right.

*UPDATE:

The Associated Press notes that the new $1.2 trillion increase is in line with the debt deal agreed to in August. Back then, the debt limit increase was to take part in three steps, and there have already been two increases. This would be the third. Still, that doesn‘t mean congressional Republicans are happy and won’t try to stop it:

The Obama administration will ask Congress to raise the nation’s borrowing limit by $1.2 trillion this week, marking the third and final increase from a deal negotiated over summer.

[...]

Congress has voted twice since then to raise the debt limit by $400 billion in August and by another $500 billion in September.

House Republicans voted against the second increase. But they failed to block it because the Senate approved it. The increases are scheduled to take effect unless both chambers vote against them.

This story has been updated with more information. The Associated Press contributed to this report.

Comments (236)

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  • jay1975
    Posted on December 27, 2011 at 11:44am

    And Boehner will put up a mild fight and talk a bit, but in the end will give in as usual. The worst speaker next to Pelosi has been such a disappointment. The establishment GOP has got to go.

    Report Post »  
    • ofallon
      Posted on December 27, 2011 at 11:58am

      Agreed! Would love to see Paul Ryan, Marsha Blackburn or Allen West as Speaker or a host of others who wouldn’t cave at the last minute.

      Report Post »  
    • turkey13
      Posted on December 27, 2011 at 11:58am

      That is correct- it will go thru and our credit rating will go from AA to an A. Good this gold and silver is down about $200 on gold and $11.00 on silver. This will put gold over $2,000 an ounce and silver at $50.00 an ounce. All gold minded in China is being stockpiled and not just because it is pretty.

      Report Post »  
    • AvengerK
      Posted on December 27, 2011 at 12:01pm

      Hang on CHARLIE876L….$85 an hour doesn’t translate into $7783 a month. Why if I didn‘t know any better I’d swear you were some kind of internet scam.

      Report Post »  
    • Baddoggy
      Posted on December 27, 2011 at 12:03pm

      Boehner is strong! Dont be fooled. He is a staunch of a RINO as you will ever find. Obama will bend him over the barrel and have his way with him again. Maybe one day he will be strong enough to cry rape. Boehner has no balls. He deserves evrything he gets.

      Time to end the BS. Join the revolution to go back to the Constitution.

      Report Post » Baddoggy  
    • IMPEACHBHO
      Posted on December 27, 2011 at 12:07pm

      Okay, this is insane.
      1)The House passed the tax cut for 1 year
      2)Senate and Obama come back with 2 months
      3) House puts up a lame fight – Obama campaigns with blogs in tow with his 40 dollar BS
      4) Republicans blamed for being against the tax cut, Obama scores victory.
      5) Next BS – New debt ceiling – another campaign move – another political game Obama is playing.

      And of course, just weeks from this, the 2 months are up….
      The Republicans should have made their message short and sweet to the media. One short mantra like “We passed it for 1 year, Senate denied and said just 2 months, Obama refused to call them back to settle it.” Repeat this mantra when any question is asked – provide only this sound bite, nothing else.

      People – WAKE UP!! Republicans in office – WAKE UP!!

      Report Post » IMPEACHBHO  
    • Eliasim
      Posted on December 27, 2011 at 12:10pm

      Yep, and then a couple months down the road he will ask for another trillion increase. Very soon investing in the U.S will be taboo. Damned if we do and damned if we don’t.

      Report Post »  
    • Eliasim
      Posted on December 27, 2011 at 12:11pm

      The United States is going to crash so hard into the ground you people really have no idea.

      Report Post »  
    • Eliasim
      Posted on December 27, 2011 at 12:14pm

      What’s the TSA, the new and improved Biblical “Chaldees?”

      Report Post »  
    • Eliasim
      Posted on December 27, 2011 at 12:17pm

      There’s going to be rampant cannibalism, people starving in the streets, rapes and murders your eyes have never before seen and likely will never see again.

       
    • BIGJAYINPA
      Posted on December 27, 2011 at 12:20pm

      We probably need the increase to pay for his vacations and Moochelle’s food bill. IMPEACH, ARREST AND IMPRISON this imposter NOW before he completely destroys this country……Just sayin’

      Report Post » BIGJAYINPA  
    • Vechorik
      Posted on December 27, 2011 at 12:27pm

      I agree that Boehner is a terrible leader, but it’s not all his fault. He’s simply part of the GOP machine and they have the same agenda as the Democrats — break America, world-wide redistribution of wealth, United Nations Agenda 21.

      Same with Bush II endorsing Romney….same as Democrats, both of them!

      Report Post »  
    • Snowleopard {gallery of cat folks}
      Posted on December 27, 2011 at 12:33pm

      I have to agree the old guard GOP will cave quickly on this matter.

      Report Post » Snowleopard {gallery of cat folks}  
    • Eliasim
      Posted on December 27, 2011 at 12:36pm

      And you hypocrites go to church and say but don’t do, and have learned nothing from Christ. If you will spoil the spirit of your children during good times through giving them handouts resulting in killing their spirit, then how much will you literally kill them during bad times? A lot! And that‘s why Elijah isn’t worthy to latch Jesus Christ’s shoes, just as you should view yourself as not worthy to latch your child’s shoes.

      Report Post »  
    • CatB
      Posted on December 27, 2011 at 12:45pm

      I agree ..BOHNER NEEDS TO GO NOW!

      TEA!

      Report Post »  
    • KeystoneState
      Posted on December 27, 2011 at 12:47pm

      Is anyone not yet convinced that “Leader O” and his army of “Suicide Voters” are not hell bent on totaling this country! Mmm MMM! Serious shiznit is on the horizon!

      Report Post » KeystoneState  
    • 13th Imam
      Posted on December 27, 2011 at 12:48pm

      Eliasim = Internet Touretts Syndrome

      Report Post » 13th Imam  
    • Khthulhu
      Posted on December 27, 2011 at 12:48pm

      I like the line from Braveheart where King Richard Longshanks tells a room full of advisors, “The problem with Scotland is that it’s full of Scots.” In this case the problem with Washington is that it’s full of corrupt politicians. It’s high time all the establishment prostitutes were kicked out. It’s time to vote in Tea Party Constitutionalists who will abide by term limits and be earning no more than $75,000.00 per year with the same benefits we all have from private insurance companies like Blue Cross Blue Shield, Humana, and United Healthcare. No more Cadillac plans, no more pensions, no more inflated and bloated salaries. They should be hourly as well, have them punch in like the rest of us. If they’re not in their office or in chambers, they’re not earning.

      Report Post » Khthulhu  
    • KeystoneState
      Posted on December 27, 2011 at 1:01pm

      I’m not quite yet willing to throw up my hands yet and say that our elected system of government has finally failed, but I am darn sure close! We the People, is where the “Buck” may have to stop, and if it is, Whew, its going to be something that none of our current living population will recognise, though we, as Americans, wouldn’t exist without! Pray people!

      Report Post » KeystoneState  
    • carbonyes
      Posted on December 27, 2011 at 1:19pm

      Some people would say that Obama is a POS, and that would be quite accurate, but unfortunately not only are there a raft of POS’s in the Democratic Party, there are also a significant number in the Republican Party, e.g., McCain, Lindsey Graham, Boehner and a number of other insignificant ba$tard$, who continually sell our country down the drain for lack of principle, character and backbone.

      Report Post »  
    • ooooonooooo
      Posted on December 27, 2011 at 1:22pm

      this award winning video pretty much sums up the failed obama presidency
      http://www.youtube.com/watch?v=z6hvmWDYiCY

      Report Post »  
    • JRook
      Posted on December 27, 2011 at 1:29pm

      Nice try, non story story. This is the third part to the original deal and will happen automatically Jan 14th. if congress does their usually and wastes our time and money.

      Report Post »  
    • JRook
      Posted on December 27, 2011 at 1:30pm

      All you truth and fact folks, go back and educate yourself regarding the $1.2 trillion go forward deficit that Bush Jr. left to the President based on his unfunded wars and economic collapse.

      Report Post »  
    • jnobfan
      Posted on December 27, 2011 at 1:34pm

      Jay is correct. The GOP will go Wah Wah Wah on tv but will nothing to actually try to stop this insanity because they are all on the same team.
      I am seriously so sick of this I am ready to vote for Ron Paul. I can’t do this anymore

      Report Post »  
    • Yeah_Buddy
      Posted on December 27, 2011 at 1:54pm

      Quit ****** on Bohner. At least the Repubs are trying to slow the USA’s precipitious, inevitable fall.

      Remember 2/3′s of gubbermint is run by free-enterprise, business-hating socialists.

      Report Post »  
    • Bluefish49
      Posted on December 27, 2011 at 2:16pm

      Dear Progressives…..there is a storm coming and your not going to believe the damage it does.

      Report Post »  
    • smithclar3nc3
      Posted on December 27, 2011 at 2:20pm

      People – WAKE UP!! Republicans in office – WAKE UP!!
      Alot are awake they however theycna‘t get thier message out to the piblic because of the liberal’s own most of the media.

      Report Post »  
    • scheduler
      Posted on December 27, 2011 at 2:21pm

      Will the spending never end?

      http://politicalbowl.com – Political Videos

      Report Post »  
    • lillycatoscar
      Posted on December 27, 2011 at 2:30pm

      Why even ask for the raise, we all know, that he is going to get it anyway. I have absolutely no faith in either the Republican or Democrat Congress. I am surprised that the American people don’t really know what is going on. We don’t have a separate Republican and Democrat politicians, they are all working together, so it is no surprise, that Republicans don’t fight harder to squash all this spending and tax cuts. Opps, what tax cuts. We need to prepare for what is coming. Read between the lines people and lets start standing for our rights and responsibilities. We need to also, stop letting all of this to continue.

      Report Post »  
    • RepubliCorp
      Posted on December 27, 2011 at 2:40pm

      Boehner……….rrrrrrrrrrrrrrrrrrrrrrr

      Report Post » RepubliCorp  
    • countryfirst
      Posted on December 27, 2011 at 2:46pm

      Insanity: doing the same thing over and over again and expecting different results.
      Albert Einstein

      When will the madness stop, How can we stop a government from spending when they have control of our checkbook. And if we take the checkbook they just print more money.
      And these are the so called brightest people in our Republic.

      Report Post » countryfirst  
    • Twobyfour
      Posted on December 27, 2011 at 2:54pm

      Eliasim:
      “The United States is going to crash so hard into the ground you people really have no idea.”

      You’re a loon of the highest order, but I have to agree here. As they say, even a broken clock is right twice a day.

      “There’s going to be rampant cannibalism, people starving in the streets, rapes and murders your eyes have never before seen and likely will never see again.”

      Not sure about cannibalism, the rest, likely.

      Report Post » Twobyfour  
    • Secret Squirrel
      Posted on December 27, 2011 at 3:11pm

      .
      “Free Air Jordans with every vote.”
      “Romney didn’t promise you Air Jordans, did he?”
      “I’m your man.”

      Report Post » Secret Squirrel  
    • mscotrid
      Posted on December 27, 2011 at 4:04pm

      You can have your silver and gold, I’m stockpiling lead. We are nearing a line we thought would never happen again in this country. All part of our Great Leaders Socialist agenda, Reid and his gang of munchkins are paving the way. Which side are you willing to defend?

      Report Post » mscotrid  
    • TheWholeTruth
      Posted on December 27, 2011 at 4:20pm

      This is why we DO NOT need a Balanced Budget Amendment to the Constitution. The amendment they have now says they won’t spend more than 18% of GDP UNLESS they vote to spend more than 18% of GDP.. they won’t raise your taxes unless they vote to raise your taxes… Everything they have says UNLESS they VOTE to do so. They give the President the power to set the agenda (HE does not according to the Constitution, it’s the CONGRESS.. you know We the People.) It gives he president power to raise taxes and decide how much to spend on what. It’s really a BAD idea given the similarities to this. The BBA gives them authorities to spend that they do not currently have.

      http://publiushuldah.wordpress.com/category/balanced-budget-amendment/

      Report Post »  
    • Okie from Muskogee
      Posted on December 27, 2011 at 4:21pm

      If you recall Boehner caved and voted for the raising of the debt as did Allen West. Allen West will vote for this increase as he did last time cause Allen West is a Rino too! There were only a few true Republican Conservatives who voted against it. All the rest need voted out and replaced. 

      Sure is hard to tell the two parties apart any more. They have become one in the same! Our country is doomed. 

      Report Post » Okie from Muskogee  
    • pamela kay
      Posted on December 27, 2011 at 5:00pm

      JAY1975, I share in your disappointment. After this next election we need to develope a third party. We will have four years to plan and fund it. That is if we are still able to vote at all. If we do survive we need to grow in numbers and support. I hope that it won’t be to late.

      Report Post » pamela kay  
    • db321
      Posted on December 27, 2011 at 5:46pm

      Ask – the Teflon coated Obama doesn’t ask for anything – he demands and demonizes those that appose until he gets what he wants – get ready for a whole bunch of blame to Bush, the Tea Party, the Republican’s and Wall Street.

      Report Post » db321  
    • Ruler4You
      Posted on December 27, 2011 at 6:14pm

      Who did NOT KNOW this was going to happen? Last time we went through this obama lied, Reid lied, Pelosi lied. All said we’d “get spending under control.”

      Not one, not one of them has even thought about getting spending under control. As a mater of fact it has gotten worse, because we KNOW it has to be controlled and it isn’t being done.

      obama, Reid, Schummer, Pelosi and the rest of the insider trading crowd are impeding steps to control spending. We can not continue on this way. Hard steps MUST be taken to curb this insanity.

      Report Post » Ruler4You  
    • oldoldtimer
      Posted on December 27, 2011 at 7:36pm

      Coingress has 15 days to say no. They ar3e in recess until the 17th of Jan. that is at least 17 days if not more. Another Obama gimmick.

      Report Post »  
    • rukdnme13
      Posted on December 27, 2011 at 7:51pm

      perhaps the best solution to the congressional gridlock would be, when Congress reconvenes, the Houses of Congress meet every day, and vote on a“ DAILY” continuing resolution,(sarcasm) At least we’ll know what they are doing! :-) They cannot possibly create new legislation, read: laws, if they have to vote everyday to make sure they get paid!!!!

      Report Post »  
    • GUNNSUP
      Posted on December 27, 2011 at 11:37pm

      After all this debt we’re in and this jackwad has the audacity to ask for another trillion? This son of a bi*ch has got some nerve. If this c*c# su*k^r gets in again it’ll be engame for us . The morons that support this clown have no idea the monster that they’re feeding. Gear up, the facade will eventually collapse and its going to be us vs subsidized humanity looking for a meal.

      Report Post » GUNNSUP  
    • lillycatoscar
      Posted on December 27, 2011 at 11:49pm

      I must say, that I am in agreement with ELIASIM, this country is going to fall and going to fall hard. There will be total chaos. We are going to have a food shortage, because for to many years, the government has been subsidizing corn for ethanol, and we now see, that ethanol didn’t work out. We no longer have a political system here in the US, as the majority of Republicans seem to be teaming up with the Democrats. Please people, don’t be fooled, by Republican congress people, they know exactly what they are doing. I don’t feel sorry for any of them. For those of you who think, that the reason they are not doing anything, because of the media, FoxNews isn’t even saying anything and they would be the ones you would hear it from. America, wake up, THIS IS ALL A GAME, and we are the pawns.

      Report Post »  
    • old white guy
      Posted on December 28, 2011 at 7:03am

      the country is screwed now. they should have stepped on obama’s head the last time. it is still agood idea to refuse to increase the debt ceiling even if it is an election year. it is still the right thing to do.

      Report Post »  
  • flfshrmn
    Posted on December 27, 2011 at 11:44am

    Our whipering House leader Boehner is such a putz. This spending needs to be shut down NOW, but he will flop and whimper and cave! Only after 2wks of press conferences, acting tough and posturing by the actors.
    This is just WWF style politics and is all just a ploy to help the POTUS position by demonizing CONgress. Its all a SCAM! They know that a majority of the people understand the game that has been played on them for generations and its getting to the end game. I’m sure they will make it as painful as possible to prove a point……….bring it already!

    Report Post » flfshrmn  
    • IMPEACHBHO
      Posted on December 27, 2011 at 12:17pm

      Obama is playing a game. The Republicans have no clue. They need to understand this and beat him at his own game – it is the only way to stop him.

      Report Post » IMPEACHBHO  
    • Vechorik
      Posted on December 27, 2011 at 12:29pm

      You don’t understand — progressive REPUBLICANS are part of the Obama game! Get it? They have the SAME agenda. Just like Bush II didn‘t close the borders and Obama didn’t close the borders. They want world government, world-wide redistribution of wealth.

      Report Post »  
    • IMPEACHBHO
      Posted on December 27, 2011 at 12:37pm

      @VECHORIK
      I agree. I was talking about the freshman in the House.

      Report Post » IMPEACHBHO  
    • Detroit paperboy
      Posted on December 27, 2011 at 2:04pm

      John boehner is a complete dissapointment, he must go now !!! He is just waiting for the next presidential golf outing…….and hell , whats another 1.6 trillion amongst thieves, its only paper and ink anyway, right ???? Just paper and ink…

      Report Post »  
  • ofallon
    Posted on December 27, 2011 at 11:44am

    Our debt is like heroin. Just say “No!” Senator Coburn is like a voice crying in the wilderness. Please stop this madness.

    Report Post »  
    • DrFrost
      Posted on December 27, 2011 at 2:14pm

      “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. … Increasing America’s debt weakens us domestically and internationally. Leadership
      means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” – Senator Obama 2006

      My new favorite quote.

      Report Post »  
    • Staggs
      Posted on December 28, 2011 at 4:02pm

      I am just now catching up on this story. I cannot believe this is happening to our wonderful country
      If we used all that $900 in just 5 months then the 1.2 trillion that Barry is asking for will not last too long. He is having to make all the groups that get money from the Gov. ie: medicare, SS, unemployment happy to get elected. He is trying to ruin this country; no doubt about it.

      Report Post »  
  • Phoneguy
    Posted on December 27, 2011 at 11:42am

    Congress will get him his 1.2 trilloin, they are led by the great ***** John Boehner, he will probably offer 2 to 3 trillion, then go out for smoke and a beer with Barry!

    Report Post » Phoneguy  
    • Chappy123
      Posted on December 27, 2011 at 11:59am

      Give Johnny boy some credit. He will allow them 1 trillion and put his foot down on the .2

      Report Post »  
    • Countrygirl1362
      Posted on December 27, 2011 at 12:18pm

      Sadly the 1.2 trillion will only last them a couple of months before they need even more.

      Report Post »  
    • His_Way
      Posted on December 28, 2011 at 2:43am

      It appears they really just don’t give a damn. They know financially, it is much worse. They will continue to take….take care of themselves, take care of their croonies pulling their strings. They are no longer good, but ineffectual, corrupt, weak, cowards continuing a charade, but knowingly drowning us all and our children in an abyss of an endless, cancerous debt.

      Report Post » His_Way  
  • JLGunner
    Posted on December 27, 2011 at 11:41am

    Now that we’re out of Iraq, aren’t we saving this very amount?

    Report Post » JLGunner  
    • wewantchillywilly
      Posted on December 27, 2011 at 12:03pm

      i’d normally be happy the GOP is in control of the hosue to stop this…but eventually, obama always gets his way because our leadership has the backbone of a snake.

      Report Post »  
    • booger71
      Posted on December 27, 2011 at 12:22pm

      We were not spending 1.2 trillion in Iraq, our entire defense budget was about 700 bill

      Report Post » booger71  
    • Stoic one
      Posted on December 27, 2011 at 12:32pm

      Actually a snake has a VERY strong spine; since that is the vast majority of their skeletal structure. Perhaps a spineless worm is better analogy.

      Report Post » Stoic one  
    • JLGunner
      Posted on December 27, 2011 at 1:29pm

      I think we would start saving cash if barack would fire his czars (the office space and staff for all 40 as well) then cut out many of his govmint agencies, dismantle TSA and stop sueing states that are trying to protect themselves (where he has failed) from illegal aliens.

      Report Post » JLGunner  
    • GUNNSUP
      Posted on December 28, 2011 at 12:44am

      they’re going to start another war. They are trying everything they can to provoke Iran. It’ll be probably come down to a fabricated terror attack on american soil, they blame Iran and poof….we have WWIII.

      Another scenario, they blame a domestic group, declare martial law, ask for more $$ to fund TSA, homeland security and begin hauling off citizens to the fema camps.

      I can’t believe they think we are this stupid and are just going to bend over and allow them to hand us over to the UN and the globalists.

      Report Post » GUNNSUP  
  • Turtleman
    Posted on December 27, 2011 at 11:40am

    There has been no budget since BO has been president. How do we know how much he is really spending? The continuing resolution for 2 months (Jan.-Feb 2012) is reported to be $1 trillion. Simple math says we are spending $6 trillion a year (not $3.5 trillion reported by the media).
    That means we are borrowing over $3 trillion a year, not the $1.5 trillion reported by the media.
    Why aren’t the republicans demanding a budget? Where is the accountability?
    Cloward and Piven and Aulinsky must be very proud. We are very close to the end.

    Report Post »  
    • cloudsofwar
      Posted on December 27, 2011 at 12:01pm

      the MSM will not tell you the truth they work for Obama. the republicans can demand a budget but without control of the senate it will fall on deaf ears. we need control of the senate in 2012 and retain the house just in case BO gets reelected then the republicans will have power. lets face it the republicans don’t have any power right now to speak of they need the senate.

      Report Post »  
    • Vickie Dhaene
      Posted on December 27, 2011 at 12:06pm

      I believe we are at the end. Not just close. That’s why there is nothing stopping this Traitor. They fear the panic it will cause. They are counting on the violence so they can eliminate the over population around the world.

      Report Post »  
  • netmail
    Posted on December 27, 2011 at 11:39am

    Creating wealth with a high tech copy machine. Nothing new here except our grave is being dug deeper and faster. Thanks for your latest brain fart BO.

    Report Post »  
    • Fus Patrol
      Posted on December 27, 2011 at 11:47am

      If our candidate doesn‘t shred this buffoon at every turn then I’m done with the Repubs forever. I have never in my life seen such an idiot in the Oval Office. God help us all.

      Report Post »  
    • netmail
      Posted on December 27, 2011 at 11:58am

      Im with you Fus….with the criminal activities of BOTH parties, this country can and will be LOST. In that case, living deep in a remote rain forest with the sole remaining primitive tribe of whoever will be preferable to living here. Angry and heartbroken doesn’t begin to describe how I feel these days.

      Report Post »  
  • cloudsofwar
    Posted on December 27, 2011 at 11:39am

    Headline: increase the debt limit up 1.2 trillion. whats wrong with this picture? NO NO NO to the increase. Obama is doing his best to destroy our currency, like a good commie. this is by design make no mistake about it. if he gets reelected he will finish the job. he should be impeach now but he wont be because we need the senate and the house in 2012. BLAZE where is the story on IRANs navy? read about it on the drudge report.

    Report Post »  
  • I.Gaspar
    Posted on December 27, 2011 at 11:38am

    This thief has to go….
    I just don’t understand how anyone with a brain who is not in on the theft of America by the marxists and progressives could vote for this p.o.s.

    Report Post »  
  • 13th Imam
    Posted on December 27, 2011 at 11:38am

    Why don‘t the Repub’s just go on the DEMOCRATS Budget creating timetable. Since the DEMOCRATS wouldn’t do their Constitutionally mandated Budget creation, just ignore the Chin in the Air in Chief. F Obie

    Report Post » 13th Imam  
  • MommyNeedsMoreCoffee
    Posted on December 27, 2011 at 11:35am

    I come from a family with a history in politics. I have always held the Office of the President in high respect–no matter who held the position.

    It has taken me over two years to get to this point, but I am overwhelmed with hate and contempt for this man. I feel RAGE at this story. He is creating a future in which my children will be slaves. I am devastated by the shackles he is placing on the coming generations. I‘m not sure it’s even possible for us to recover from what has already been done.

    Does anyone know the story of Man O’ War? He was so fine & so strong and he beat all his opponents. The solution of the time was to add more and more weight until they broke him down and other horses could have a chance to “beat” him. The story of America is similar. They both break my heart.

    Report Post » MommyNeedsMoreCoffee  
    • teamarcheson
      Posted on December 27, 2011 at 11:41am

      The GOP Will Vote YES.

      Why not increase the debt ceiling to $100 Trillion. That should last a few months. The GOP is working with the Democrats now to destroy our nation. If anyone complains the US Armed Forces will arrest you as a terrorist and ship you to a FEMA Concentration Camp. Both the GOP and Democrats are plunging the dagger into our backs.

      Report Post »  
    • cloudsofwar
      Posted on December 27, 2011 at 11:44am

      Your not alone.

      Report Post »  
    • netmail
      Posted on December 27, 2011 at 11:49am

      Simple mathmatics alone leads me to conclude that overcoming the national debt really is NOT possible. Factor in human nature and characteristics of today’s culture, and it’s REALLY not possible. Our way of life is DEFINITELY going to change…IMO, for the worse. Thanks Obama.

      Report Post »  
    • Luke21
      Posted on December 27, 2011 at 12:17pm

      Bingo. The breakpoint may be much closer than most realize. The untold story is that the fed gov’t is having cash flow problems already. All the existing programs/projects (that I’m aware of anyway) have been given budget cutbacks the past few yrs, while the fed is in the midst of record budgets (& thus deficits). A question to ask is where has all the money gone to, what will it be/has it been used for?

      The rich rules over the poor, And the borrower is servant [properly slave] to the lender. (Proverbs 22:7)

      A review is in order:

      Exodus 20:1-17 And God spoke … saying: “I am the LORD your God, who brought you out of … the house of bondage.
      I. “You shall have no other gods before Me.

      II. “You shall not make … any likeness of anything that is in heaven above, or that is in the earth beneath, or that is in the water under the earth; (5) you shall not bow down to them nor serve them. For I, the LORD your God, am a jealous God, visiting the iniquity of the fathers upon the children to the third and fourth generations of those who hate Me, (6) but showing mercy to thousands, to those who love Me and keep My commandments.

      III. “You shall not take the name of the LORD your God in vain…

      Report Post »  
    • Luke21
      Posted on December 27, 2011 at 12:18pm

      Cont.
      IV “Remember the Sabbath day, to keep it holy… For in six days the LORD made the heavens and the earth, the sea, and all that is in them, and rested the seventh day. Therefore the LORD blessed the Sabbath day and hallowed it.
      V “Honor your father and your mother, that your days may be long upon the land which the LORD your God is giving you.
      VI “You shall not murder.
      VII “You shall not commit adultery.
      VIII “You shall not steal.
      IX “You shall not bear false witness…[i.e. do not lie]
      X “You shall not covet your neighbor’s [anything].”
      We now wantonly violate the last 6 commandments because we first disavowed the foremost 4. Wake up & Repent America – be like Nineveh — before you end up as Tyre or Sodom, time is running out.

      Report Post »  
  • biohazard23
    Posted on December 27, 2011 at 11:33am

    Enfoncer narcissiques cul ….. Hey, I guess Moochelle needs to be fed and go shopping while on vacay a little more often, eh? Or is that, she just needs to be fed?

    Report Post » biohazard23  
  • GhostOfJefferson
    Posted on December 27, 2011 at 11:32am

    This won’t stop until people realize that the only way to slay the beast, is to stop feeding the beast. We are working day and night in order to lose more and more of our income to these evil lunatics, which makes us in fact our own destructors. It is time for a tax revolt, and I mean a real one, the one where we stop paying to feed this monster en masse.

    They won’t stop, as long as we continue to pay for our own destruction, and why should they? We’re expected to tow every line and follow every inane rule, while they run around as lawless thugs who openly scoff at the restraints we want them under (the Constitution). When did it become good and right to pay off evil lawless thugs?

    We are at a point where the John Galt solution is the only viable way to put this to an end. Problem is, so many are so comitted to their own destruction that they’ll rationalize it to the bitter dregs, all the while drowning in laws, regulations, taxes and edicts.

    Report Post » GhostOfJefferson  
    • chicago76
      Posted on December 27, 2011 at 11:46am

      Won’t help. We are at the point now where all this government talk of taxing the rich is meaningless. They know if they want money they just print it. A tax revolt means nothing to them. They are using the printing presses to drain the life out of our country without even a vote on it.

      Report Post »  
    • GhostOfJefferson
      Posted on December 27, 2011 at 12:07pm

      Ah, but you see, if we’re all not paying taxes, that means we’re all not “obeying” their edicts any longer either. The nation cannot be saved, ultimately it is going to fall. We can move to create our own economy out of their evil grips, or we can participate in funding our destroyers. End of the day, we need to let them flail about on their own and suffer their idiocy alone. They can print all the money they want, if nobody is using it (say, oh I don’t know, if some smart chaps come up with an alternative currency), the destructors get to starve.

      Outside of actual violence, which would be horrific beyond compare, there are no other alternatives left I’m afraid. And “hoping and praying” is not an alternative, it’s sitting around doing nothing and wishing somebody else, be it God or man, takes care of the problem for you.

      Report Post » GhostOfJefferson  
    • netmail
      Posted on December 27, 2011 at 12:18pm

      Factor in that many legitimate, moderately wealthy people are having difficulty turning a profit in this economy and there’s little to nothing to even tax anymore. There’s no Braveheart to save the day now…just operators of the printing press to hell. Pandering crooks and cowards leading us to complete financial ruin.

      Report Post »  
  • gretsch62
    Posted on December 27, 2011 at 11:32am

    America need to kick his azz and the 112th COngress thehelloutof office. None of them have any intention of limiting spending or control the debt, we need people who do!

    Report Post » gretsch62  
  • crazyoz
    Posted on December 27, 2011 at 11:31am

    No, No, No, No, No!

    Report Post »  
  • TRONINTHEMORNING
    Posted on December 27, 2011 at 11:30am

    The poser just makes ya wanna puke. No matter the GOP nominee, we gotta beat this freakin’
    Alinksy a$$!!!

    Report Post »  
  • NOBALONEY
    Posted on December 27, 2011 at 11:29am

    Approaching 1,000 days without a budget, Obama rejected his own Simpson-Bowles commission. The ‘gang of six’, congressional ‘12’ were planned failures. Progressive leadership of both parties have steered us to this financial disater! Raising the debt limit and Continuing Resolutions are the tools by which we’ll be Greece sooner than later.

    Report Post » NOBALONEY  
  • TOPOFTHEGAME
    Posted on December 27, 2011 at 11:29am

    Under NEW budget?????? We haven’t had a budget for 8 or 9 hundred days in this administration. What is going on. Whether it’s Social Security tax or this Damn budget what in the HE!! are the GOP doing?????? Get rid of ALL RINO’s

    Report Post »  
    • MidWestMom
      Posted on December 27, 2011 at 11:38am

      yep. Can’t have a “new” budget if you don’t have an old one.

      Report Post »  
  • SergeantMajor
    Posted on December 27, 2011 at 11:28am

    This is gettin’ outa hand. What part of “we’re broke” don’t these idjuts understand.

    Report Post » SergeantMajor  
    • MidWestMom
      Posted on December 27, 2011 at 11:48am

      How did you spend your Christmas vacation Mr President?
      “I had a great time. I spent taxpayer money like it was water and I decided how I could screw “We The People” again.”

      Report Post »  
    • barber2
      Posted on December 27, 2011 at 1:14pm

      MIDWEST: Just like the Obama deficit : PRICELESS….

      Report Post »  
    • 2theADDLED
      Posted on December 27, 2011 at 8:34pm

      They don‘t understand they can’t even comprehend legal Immigrant Vs Illegal Immigrant because it Constitutionally prohibits Illegal Immigrants from taking their jobs.
      Spending will cease when banks no longer accept Treasury Notes and Government checks.

      Report Post »  
  • rush_is_right
    Posted on December 27, 2011 at 11:28am

    I’m sure the republicans will stand STRONG!!

    bwhahahahahahahh oh sure they will…they’ll fold like a wet noodle!!

    Report Post »  
    • AvengerK
      Posted on December 27, 2011 at 11:31am

      LOL….Obama seems to be addicted to other peoples’ money. We just saw the laughable “Super Committee” mandated to find spending cuts that Obama praised in the last debt ceiling debate achieve absolutely nothing (as conservatives predicted)…a perfect reflection of the Obama adminstration itself. I can’t wait for Obama to ask for another trillion dollars….pass the popcorn.

      Report Post »  
    • biohazard23
      Posted on December 27, 2011 at 11:35am

      Yeppers, Boehner and McConnell will put on a good show then give in. BOHICA, kids. This is gonna hurt just like the last time….

      Report Post » biohazard23  
  • IMPEACHBHO
    Posted on December 27, 2011 at 11:27am

    America, and all those that have been deceived by this man, need to wake up from their hypnotic insanity and vote this Marxist out!
    http://www.youtube.com/watch?v=7kqVZUCRth0

    Report Post » IMPEACHBHO  
  • Peabody
    Posted on December 27, 2011 at 11:26am

    Maybe he can ask the Unions for the money !

    Occupy Richard Trumka & Andy Stern’s Homes

    Richard Trumka
    President AFL-CIO
    Salary $283,340.00

    Andy Stern Union: Service Employees International Union –Andy Stern $306,388 (Mary Kay Henry current)

    United Food & Commercial Workers — Joseph T. Hansen $360,737

    International Brotherhood of Teamsters — James P. Hoffa, $362,869

    American Federation of State, County & Municipal Employees — Gerald McEntee $479,328

    Laborers’ International Union of N. America — Terence O’Sullivan, $618,000

    American Federation of Teachers — Randi Weingarten $428,284

    How would they like Protesters outside there homes, like they have done to some biz executives scaring there families.

    Report Post »  
    • NJTMATO
      Posted on December 27, 2011 at 11:34am

      I LOVE THIS!!!!! I will post this all over the place! It’s AWESOME Peabody!!!!! I may even use it to write an op-ed to the newspapers (unfortunately nobody reads them anymore, but what the heck!)

      Report Post » NJTMATO  
    • barber2
      Posted on December 27, 2011 at 11:53am

      What’s good for the goose ?? Give them a taste of their own medicine? Or will the Dominant Democrat Pocket – Media Spin this into a nasty Tea Party ” racist, 1% ” act ? Oh, let me guess…..

      Report Post »  
    • Krazy_Kreepy_Ketchup
      Posted on December 27, 2011 at 12:17pm

      Anyone know where they live?Some of their own medicine Mabey?

      Report Post » Krazy_Kreepy_Ketchup  
    • Drakkhanlord
      Posted on December 27, 2011 at 12:37pm

      Thanks for the info Peabody

      Report Post » Drakkhanlord  
  • Baddoggy
    Posted on December 27, 2011 at 11:25am

    Every single penny…UNCONSTITUTIONAL spending.

    Join the revolution to return to the Constitution…

    Report Post » Baddoggy  
    • JLGunner
      Posted on December 27, 2011 at 11:40am

      As long as everyone is on the same page, we dont need to split the vote.

      Report Post » JLGunner  
  • MonkeyBeagle
    Posted on December 27, 2011 at 11:25am

    Surprise! Or actually no surprises here. Congress need to put there foot down., actually this mans mental health should be called into question at this point. Here is a link another Blazer Posted, but it is worth reposting if you are a conservative or libertarian you should definately listen Happy New Year! http://www.youtube.com/watch?v=3BWD9GWHGiI

    Report Post »  
  • Peabody
    Posted on December 27, 2011 at 11:23am

    LARRY SINCLAIR STORY ABOUT OBAMA ON FRONT PAGE!
    In this exclusive interview, Larry Sinclair says he performed oral sex and engaged in cocaine
    use with then State Senator Barack Obama

    LINK
    http://newhampshireherald.com/sinclairinterview.html

    Herald: Larry, it’s only recently we learned
    about your story. It’s very surprising that no
    major media has done much about it. I
    watched your National Press Club interview
    online. Was that in 2008?

    Larry: Yes. It was on June 18, 2008.
    Herald: Since then, what is new about the
    revelations?

    Larry: A lot has transpired in the fact that
    one of the journalists at the press
    conference in 2008 by the name of Wayne
    Madsen; he’s been in journalism in
    Washington DC for quite some time. And he’
    s a former Navy intelligence. He is one of the
    journalists that after the press conference
    started writing articles similar to those of the
    Politico.

    But he had contacted me in 2009/2010 and
    started telling me he has changed his mind
    and started believing everything I had said

    MORE @ http://newhampshireherald.com/sinclairinterview.html

    Report Post »  
    • discus02
      Posted on December 27, 2011 at 11:35am

      Just say NO!

      Report Post »  
    • Drakkhanlord
      Posted on December 27, 2011 at 12:41pm

      Am glad is finally getting some coverage …hopefully more of his secrets will be published.

      obama/soetoro/brounel
      SS# 042-68-4425 E-VERIFIED FRAUD.

      Report Post » Drakkhanlord  
    • Skippy Toes
      Posted on December 27, 2011 at 12:58pm

      HUH? It was worth reading, though.

      Report Post » Skippy Toes  
    • Skippy Toes
      Posted on December 27, 2011 at 1:03pm

      Maybe there is a reason we haven’t heard about past girlfriends. THERE AREN’T ANY!

      Report Post » Skippy Toes  
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