Democrats Gearing up to Increase the Debt Limit by $1.9 Trillion

By Caomhin

$1.9 Trillion.  In order to finish up the current fiscal year.  To avoid putting the United States in default.

Let this sink in:

Senate Democrats on Wednesday proposed allowing the federal government to borrow an additional $1.9 trillion to pay its bills, a record increase that would permit the national debt to reach $14.3 trillion.

The unpopular legislation is needed to allow the federal government to issue bonds to fund programs and prevent a first-time default on obligations.

Less than a decade ago, $1.9 trillion would have been enough to finance the operations and programs of the federal government for an entire year. Now, it’s only enough to make sure Democrats can avoid another vote before Election Day.

Democrats are fine with a national debt of $14.3 Trillion, at least until after the elections in November, when they will vote to increase the limit again.  They are looking to increase the debt $1.9 Trillion dollars over the next ten months.  It’s no secret that the liberals in Congress have many, many schemes that they are looking to unveil, all of which would accelerate the accumulation of debt.  This level of debt is unsustainable and, frankly, it is immoral of this Congress to continue to find ways to spend money, unveil new programs, and increase the size of government and foot every man, woman, and child in this nation, for untold generations, the bill for doing so.

The amount of money that the Obama Administration and the Liberal controlled Congress have spent is staggering, and from all indications, this is just a microcosm of what they are looking to do.  Not only have they demonstrated that they possess no restraint or self control, they have also demonstrated a complete and utter lack of common sense and decency.  The spin and the lies they have been perpetrating provide no cover from the truth, and as such, they must deal with the consequences of their actions.

It is imperative that spending be dramatically cut.  The crushing debt threatens to break the back of our economy and severely impacts each and every American.  There is no excuse for the amount of spending and complete and utter fiscal irresponsibility.  The madness must stop or we are literally facing a bankrupt nation and a myriad of troubles that could make our current situation look like economic times of the Roaring 20s.


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