This morning Obama said that to not increase the debt ceiling would be irresponsible and said if the GOP doesn’t raise it, we won’t be able to pay social security and we might not be able to pay our troops. He then lists a whole litany of “horrible things” that would happen if the debt ceiling doesn’t get raised that makes Armageddon sound like it’s right around the corner.
He then proceeds to blame the GOP for the credit downgrade, saying that it happened because during the last fight over the debt ceiling, Republicans flirted with the idea of not raising it. So, he’s added close to 6 trillion dollars in debt in his first 4 years and yet he blames Republicans for the credit downgrade? Wow.
Here’s a short clip:
Shortly after saying this Major Garrett of CBS News asked Obama about the time when he voted against raising the debt ceiling as a Senator and Obama totally dodged it. But it was a great question.