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Expert: Obama 'spending us into poor house'

News or Articles Pertaining to the political arena. The candidates, Their stance on Abortion, Same Sex union and the Homosexual Agenda. Or anything that is worthy of noting for those who are in Christ Jesus.

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Expert: Obama 'spending us into poor house'

Postby JWayne » 29 Dec 2011, 14:30

President Barack Obama is seeking another $1.2-trillion increase in the debt ceiling, and one expert on the subject isn't surprised.

Brian Darling, senior fellow for government studies at The Heritage Foundation, says the request for a debt ceiling increase is something his organization has expected from the White House for quite some time.

"Washington can't control spending," he says. "When we have $15.1 trillion in national debt that we've racked up over the years, it's pretty clear that the president's intending on spending us into the poor house."

Brian Darling (Heritage Foundation)And Darling thinks Obama is using the Christmas and New Year's holidays to his advantage. "It's kind of a dead time for news stories in Washington, DC, and nationally because it'll be less noticed that he's asking for this massive hike in the debt ceiling," the expert explains.

After House Republicans agreed last week to extend the payroll tax cut another two months, House Speaker John Boehner (R-Ohio) declared that it is time to stop short-term "gimmicks" and focus on the long term. But Darling forecasts what will ultimately happen with this request from the president.

"There will probably be a push in the House to block the increase in the debt ceiling, but we know that it'll be vetoed if it gets to the president's desk, [and] we know that the Democrats in the Senate won't allow blocking of the debt ceiling [increase] to pass," he says. "So it's unrealistic that any effort to block the increase in the debt ceiling will have any steam."


Still, Darling thinks more debate over borrowing and possibly over the Balanced Budget Amendment is inevitable, as are talks on the need to cut spending.
http://www.onenewsnow.com/Politics/Defa ... id=1504662
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Re: Expert: Obama 'spending us into poor house'

Postby Jeani » 30 Dec 2011, 23:41

He's destroying America,and 'why' Americans can't see it...

I wonder 'if' we'll ever make it to the 2012 election...
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