Obama to ask for ANOTHER debt limit hike of $1.2 trillion
Just like an irresponsible teenager who has run up his parents cellphone bill, Dear Leader continues to spend heedless of the consequences and is now asking the U.S. taxpayers to fork out $1.2 trillion more. The White House plans to ask Congress by the end of the week for an increase in the government’s debt ceiling to allow the United States to pay its bills on time, according to a senior Treasury Department official on Tuesday. The approval is expected to go through without a challenge, given that Congress is in recess until later in January and the request is in line with an agreement to keep the U.S. government funded into 2013. The debt is projected to fall within...
