Tough choices on debt loom as United States nears ceiling

  • Article by: ANNIE LOWREY , New York Times
  • Updated: January 17, 2013 - 8:22 PM

Experts warned fallout could include a financial crisis and lead to recession.

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bigbadbeanJan. 17, 13 7:50 PM

It won't be long until liberals post that the GOP are hypocrites for fighting this when they voted for it under Bush. They will ignore the hypocrisy of obama who not only voted against debt ceiling increase but was very vocal about.

Beyond that, please tell us when enough will be enough? Do two wrongs make a right? Since when? Since obama was anointed king.

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elmore1Jan. 17, 13 7:57 PM

Obama promised to cut the deficit in half during his first term, the opposite happened. He needs to step up and show fiscal leadership and broker a win win deal. This is happening on his watch.

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ffedericoJan. 17, 1310:02 PM

President Obama voted against raising the debt ceiling while a Senator in 2006 when President Bush was running half the deficit that Obama has averaged. Obama said it was irresponsible to have deficits that high.

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theagonybhoJan. 18, 13 8:33 AM

The decision isnt tough at all, Obama has the ball, make some cuts and his problems go away, no cuts no debt ceiling increase.

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kindaliberalJan. 18, 1310:39 AM

Big difference between a senator voting against raising the debt ceiling as a protest and a PARTY actually threatening en masse to not raise the debt ceiling. The former makes no difference at all, the later would greatly harm the country. I hold out no hope that many of the right wingers posting here would acknowledge the difference.

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theagonybhoJan. 18, 1311:14 AM

kindaliberal, not really but nice try, more Obama excuses, i.e when a Republican does it bad, when the Dems do it good, would be a better response. Why would it not harm the country when Obama voted against it? as you can see it did harm the country.

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