Wednesday, January 22, 2014

That would be DC fudging the debt without democracy

So, let me ask. Did anyone in Central California know that Obama and the Senate was about to run the deficit way back up?
Guest post by Kristinn Taylor
Half a Trillion in Just Three Months
President Barack Obama has blown through more than $500 billion in deficit spending in the three months since passage of the deal proposed by Senate Minority Leader Mitch McConnell (R-KY) on easing the debt ceiling battles that gave Obama virtually unlimited borrowing authority from October 17, 2013 through this February 7th.
Treasury Secretary Jack Lew sent a letter to Congress today imploring the debt ceiling be raised by February 7th, or the end of February at the latest. Lew cited a limited amount of financial trickery the Treasury can employ to skirt the re-imposition of borrowing authority until the end of February.
CBS News’ Mark Knoller reported on Twitter that Obama had racked up $526 billion in new debt since October 17. The deficit for the entire 2013 fiscal year was $680 billion.
Last April Obama proposed a FY 2014 budget with a deficit of $744 billion.

So, absent a fair Senate vote, Central California needs a full time troll to watch these jackasses.

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