I have no idea how many zeros are even in a trillion dollars, but we are raising our federal debt limit to above the $12.1 trillion we have right now.
This is coming from a man who as a senator blasted then President George W Bush for failing to contain spending when he oversaw increased deficits and raised the debt ceiling.
It was Obama who said in a 2006 floor speech that preceded a Senate vote to extend the debt limit “Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.”
I’m curious, what was the ‘change’ we had to look forward to? No actual money notes in our pocket, just some coins? Can’t wait to hear what he reads off his teleprompter this time.