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    Obama asks Congress for $1.2 trillion increase in the nation's debt limit

    WASHINGTON (AP) — Obama asks Congress for $1.2 trillion increase in the nation's debt limit

     
    • ronb  •  Cincinnati, Ohio  •  6 days ago
      Boy I'm glad they created the super committee it seems to be really working well
    • Suzie  •  6 days ago
      This story will be gone from YAHOO just like the bad unemplyment number story this morning. LIB media covering for OBAMA! Call it when you see it.
    • Oceania  •  Pleasanton, California  •  6 days ago
      Read the American people's lips Mr. Narcissist, the answer is NO! Comprehend and deal with it.

      Again, he just borrowed at the end of last year and not long after that he signs the NDAA bill to take way all American citizens Bill of Rights and cut the Defense budget for OUR TROOPS.
      He is antagonizing Iran and looking for another war.
      He makes up ILLUSIONS right to our faces he created jobs, in what country was that Obama.

      What does he want it for as I think he has exploited the Stimulus for jobs, and the last Jobs lie and he has beaten that LIE to death.

      Oh that's right to give to another country like Brazil and other countries so they can "prosper" as we Americans according to Obama, are "arrogant and derivise" that need to sacrifice for him. Derivise means contemptuous and mocking.
      Or does he need it for Iran now to give them "humanitarian aid?"

      This crook really wants it to add to his $68 million campaign.
      IMPEACH the bum and Recall and throw out the SENATE.
    • Doc  •  6 days ago
      Hell of a story.

      At any rate, has Obama not figured this out yet? Did he seriously not get the point of the last midterm election?

      Might as well spend what he can now...he only has a year left.
    • mikec  •  6 days ago
      From George Washington to George Bush the country ended up with ten trillion in debt. But it took a couple of hundred years,two world wars and a civil war plus put a man on the moon and invented just about every thing known to man. Now obama is asking for another 1.2 trillion plus the five trillion he has already wizzed away. Obama in less than three years has added 6.2 trilloion in debt to our nation and other than vacations for him and his family what does America have to show for it?
    • soupnazi  •  San Diego, California  •  6 days ago
      This #$%$ really does want to destroy this country, I believe. Hey, Congress, just say NO f'n way.
    • Paul  •  6 days ago
      Obama is an embarrassment. We just went through this "deafult" nonsense a few months ago. Let me make this clear: Even if we do not give him his 1.2 Trillion dollars the country will NOT default. There is a constant stream of revenue to the federal government. It would cause the treasury to have to prioritize where those revenues are allocated. If Obama chooses to not have the interest on our debt as a priority we would default, but that would be his choosing. The least important budget items would fall by the wayside until the funds were available to them, but the nation would not become a dead beat default on her loans.
    • Richard  •  Springfield, Missouri  •  6 days ago
      As of what date? I was of the understanding the last 2.5 trillion he got in November was going to hold him over until this November.
    • DukeofDixie  •  6 days ago
      He's asking for funding for a entire week, what about next week and the week after that
    • mikec  •  6 days ago
      Does every one now understand why obama has refused to submitt a budget? The only President in modern history to never have a budget just spending bills.
    • white slave  •  5 days ago
      cant wait to get this idiot out of the white house
    • AZNICK  •  6 days ago
      Take the #$%$ out of your ears and listen. The answer is NO!!!!!!!!!!!!!!!!!!!!!
    • Lauren  •  6 days ago
      You have record unemployment...the numbers are beyond false that the media is reporting...Gas and Food are sky rocketing...wages are declining...the middle class is becoming the poverty class more and more are applying for government assistance...good luck finding a job and.we are on the brink of 2 possible new wars...Iran and Sudan! HEY! Mr. OZbama...the DNC just declared that they made 63 million in the last 3 months of the year...how about asking them for a loan rather than the citizens?
    • Swine Flu  •  Anchorage, Alaska  •  6 days ago
      PRESIDENTIAL FAIL
    • 3D  •  6 days ago
      Where does it end?
    • rip greens  •  6 days ago
      Obama asks Congress for $1.2 trillion increase in the nation's debt limit

      "NO!!!!!!!!!!!!!!!!!!!!!!"
    • Karen V  •  6 days ago
      TEA PARTY REPUBLICANS Stand Your (the will of the American People) Ground. NO MORE $$$$$ until you get your finances in order.
    • TimG  •  Stephens City, Virginia  •  6 days ago
      HELL NO ! go ask Warren Buffet...
    • NamVetBuck  •  6 days ago
      The American people tell Osambo = HELL NO !!!!
      TAKE A PAY CUT...better yet ...RESIGN !
    • Doug  •  Corpus Christi, Texas  •  6 days ago
      We need to dump this President as soon as possible. Borrowing on my Visa card to pay off my Mastercard is insane! Obama has never offered a budget and neither has his democratic party.
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