Tuesday, July 26, 2011

Rebublicans used to LOVE raising the Debt Ceiling -

 In fact, in January 2003 they did it with this bill.  They raised the debt ceiling by $984 billion.

This is the entire bill. 

All. Of. It.

One Hundred Eighth Congress
of the
United States of America
Begun and held at the City of Washington on Tuesday,
the seventh day of January, two thousand and three
Joint Resolution
Increasing the statutory limit on the public debt.
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $7,384,000,000,000.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
Source: http://www.govtrack.us/congress/billtext.xpd?bill=hj108-51
Overview: http://www.govtrack.us/congress/bill.xpd?bill=hj108-51
  • No spending cuts required.
  • No increased taxes required.
  • No threat of default.
So why is this time such a fight?     Oh yeah.

Because the goal is the Whitehouse, not governing...

Thanks GOP

You should read this: http://www.opencongress.org/articles/view/1500-The-Republicans-Haven-t-Always-Been-Against-Raising-the-Debt-Ceiling

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