No, do not raise the debt limit, Congress

Obama to ask business leaders to push Congress to raise debt limit
ReutersBy Steve Holland | Reuters – 3 hours ago

U.S. President Barack Obama speaks about the economy to mark the five-year anniversary of the U.S. financial crisis at the White House in Washington September
By Steve Holland
WASHINGTON (Reuters) – President Barack Obama will appeal to business leaders on Wednesday to urge Congress to approve an increase in the U.S. debt limit and avoid a default that is possible as early as mid-October.
Obama is to address the Business Roundtable as part of a renewed push to focus on domestic budget and economic issues after a month dominated by foreign policy.
The U.S. Treasury is expected to exhaust measures to avoid exceeding the $16.7 trillion debt limit as soon as mid-October. If the cap is not raised, the United States will not be able to pay all of its bills and would go into default.

Obama wants to bankrupt us

pay down

 

[Let’s deal with the economic reality for a change. Let the U.S. default instead of printing more money to protect the politicians from the fall-out of their over-spending.]

 

Obama to ask business leaders to push Congress to raise debt limit
ReutersBy Steve Holland | Reuters – 3 hours ago

By Steve Holland
WASHINGTON (Reuters) – President Barack Obama will appeal to business leaders on Wednesday to urge Congress to approve an increase in the U.S. debt limit and avoid a default that is possible as early as mid-October.
Obama is to address the Business Roundtable as part of a renewed push to focus on domestic budget and economic issues after a month dominated by foreign policy.
The U.S. Treasury is expected to exhaust measures to avoid exceeding the $16.7 trillion debt limit as soon as mid-October. If the cap is not raised, the United States will not be able to pay all of its bills and would go into default.