08 October 2013

One Senator's view of the debt ceiling negotiations

“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.. ... I therefore intend to oppose the effort to increase America’s debt limit.”

-Senator Barack Obama, March 16, 2006
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