President Barack Obama said in a
statement late Wednesday night that he was "pleased" that both chambers
of Congress had passed a "clean" debt-ceiling increase. Obama's
statement came after a tenuous vote in the Senate, during which Republicans struggled to find enough votes to advance the legislation to a final vote.
In his statement, Obama made clear that he expects the debt ceiling to be de-weaponized as a potential tool for political leverage in the future.
Here's Obama's full statement (emphasis added):
"I’m pleased that Republicans and Democrats in Congress have come together to pay for what they’ve already spent, and
remove the threat of default from our economy once and for all. The
full faith and credit of the United States is too important to use as
leverage or a tool for extortion. Hopefully, this puts an end
to politics by brinksmanship and allows us to move forward to do more to
create good jobs and strengthen the economy. Instead of wasting time
creating new crises, Congress should be focused on creating new jobs and
opportunities. That’s what the American people deserve from their
representatives in Washington, and that's what they should get."
1 comment:
I wonder why our politics and president in particular live now as if tomorrow never comes. They should do their best to get rid of the debt, take care about the development of industry and increasing the level of employment, instead they are so busy to get their own benefits, that I am afraid for the future of our children, who will have to cope with all the mistakes done by them today.
Jull SterlingStore
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