[Politics_CurrentEvents_Group] Senator Obama is against raising the debt limit

 

"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 US Government can not 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 Barack H. Obama, March 2006

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