Posts Tagged ‘Obama’

Is Another Debt Limit Increase On Its Way?

WASHINGTON, (Dec. 27, 2011) Reuters, Bloomberg, WaPo and Business Week are reporting that Barack Hussein Obama will ask Congress for additional 1.2 Trillion dollar increase in the debt borrowing limit. According to Reuters the fiscal burden by December 30, 2011 will be stretched to within 100 billion of the current debt limit of over 16 [...]