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Obama: Not raising debt ceiling could be "catastrophic"
- Thread starter Headliner
- Start date
Our Dear Leader is so dedicated to .... ... .. dedicated to.... making himself look like he's serious about it.
U.S. to hit debt ceiling Monday, Geithner says
The Treasury Department will start using what it calls extraordinary measures to prevent government borrowing from exceeding the legal limit, Treasury Secretary Tim Geithner wrote in a letter to Congress.
The Treasury Department will start using what it calls extraordinary measures to prevent government borrowing from exceeding the legal limit, Treasury Secretary Tim Geithner wrote in a letter to Congress.
The US appears to be heading over the fiscal cliff, with tax rises and spending cuts imminent, the Democratic US Senate leader says.
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It will also be hitting the debt ceiling on Monday...
President Obama puts pressure on Republicans to accept a deal aimed at avoiding a tax and spending fiscal cliff, as the end-of-year deadline looms.
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US Congressional leaders have one more day to avert the fiscal cliff of tax rises and spending cuts as talks end on Sunday without a deal.
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Fascinating that Headliner blames the Republicans while other sources note that it seems to be Mr. Reid who is holding things up.
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Read more: http://www.washingtontimes.com/news/2012/dec/30/cliff-roadblock-now-senate-democrats/#ixzz2GdfbXk6d
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Read more: http://www.washingtontimes.com/news/2012/dec/30/cliff-roadblock-now-senate-democrats/#ixzz2GdfbXk6d
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Amount of people shocked by this news: 0
With the way things are going, they might as well convert the halls of Congress into a circus and dress up all the congresspeople as clowns. I figure if they aren't going to do any work and instead act like clowns then they can at least attempt to amuse us by looking the part.
With the way things are going, they might as well convert the halls of Congress into a circus and dress up all the congresspeople as clowns. I figure if they aren't going to do any work and instead act like clowns then they can at least attempt to amuse us by looking the part.
..and Obama just approved a salary increase for Congress... LOL
The US Senate approves a deal to avert a combination of tax hikes and spending cuts known as the fiscal cliff, hours after missing a deadline.
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So... where's the list of Federal Spending Cuts?
... ... .. .. ... ... .. ... ... that's what I thought they'd do.
... ... .. .. ... ... .. ... ... that's what I thought they'd do.
I look forward to the sequel when they go nuts after the debt ceiling gets reached again and no one wants to give Obama another debt ceiling increase without a little something in return. I wonder how long they can kick that can down the road before they run out of road?
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