Originally Posted by Meck77
If I'm hearing Obama correctly he flat out wants a blank check now to keep increasing the debt limit. Insane.
You do realize that the purpose of increasing the debt limit is to fullfill commitments that have already been made, not to increase future spending, right? Because it would be stupid NOT to increase the debt ceiling under that proper understanding. This was an uncontroversial issue until the Tea Party lunatics got into Congress.