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White House: Obama regrets vote against raising debt limit



Published: Mon, April 11, 2011 @ 1:45 p.m.

WASHINGTON (AP) — The White House says President Barack Obama regrets his vote as a senator in 2006 against raising the debt limit.

A fight over raising the debt limit is looming, and the White House is trying to explain away the apparent contradiction between Obama's previous opposition, and his position now that it must be increased.

Press Secretary Jay Carney said today that Obama believes his vote was a mistake. He said Obama now realizes the debt ceiling is too important to be trifled with.

Republicans are threatening to withhold their votes to raise the ceiling unless Obama agrees to major spending reductions.

A failure to raise the debt limit would mean the government would not be able to make debt payments, leading to an unprecedented default on the national debt.


Comments

1AugieTx(15 comments)posted 3 years, 3 months ago

I doubt BHO regrets his vote on the debt ceiling as much as millions of misguided citizens who voted for him in 2008 regret their foolishness.

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2palbubba(664 comments)posted 3 years, 3 months ago

In his own words from the senate floor 2006 "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. ... Increasing America's debt weakens us domestically and internationally. Leadership means that 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem."
That is exactly what he said when Bush was President. The Vindy is waaay to biased to publish these two faced words that were spoken on the senate floor. What a rag newspaper.

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3mrblue(968 comments)posted 3 years, 3 months ago

I will bet that he thinks that he may be a one term president. (just an opinion) I could be wrong.

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