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Post by SamCogar Mon Feb 20, 2012 8:00 am

Sen. Joe Manchin, to his credit, references reality.

"Our debt ceiling is at a record-high $16.4 trillion," he said. "By 2022, according to the president's newly proposed budget, we will be $25.9 trillion in debt."

Manchin condemned "short-term Band-Aids that create long-term obligations that will take years for future generations to repay," adding:

"I didn't come here to put the next generation into more debt. I came here to get them out of it."

Obama will end his first term having spent nearly $6 trillion more than taxpayers gave him to spend. The president's proposal calls for nothing but deficits as far as the eye can see.

http://www.dailymail.com/Opinion/Editorials/201202190096

SamCogar

Number of posts : 6238
Location : Burnsville, WV
Registration date : 2007-12-28

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