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202.783.3870       Obama's Debt Claims Debunked, Line by Line
Should we raise the national debt limit to accommodate more
trillion-dollar deficits? In Washington, it's taken for granted
that we should and will.      But a lot of fiscal conservatives
have got the crazy idea in their heads that any debt increase
should be accompanied by something we haven't seen in years: a
budget. An actual plan to balance the budget and stop
accumulating debt.       President Obama is having none of
it. Yesterday morning, he conducted a press conference clearly
intended to put fiscal conservatives on the defensive in the
next round of the Great Debt Ceiling Debate.      His various
claims and assertions, taken together, are so misleading, that
only a line-by-line rebuttal can do them justice.      Obama
Lectures Republicans      Here goes.       Assertion: We will
soon hit the debt ceiling      Now, [