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kentuck

(111,098 posts)
Tue Oct 8, 2013, 06:04 PM Oct 2013

130 Republicans in the Congress today voted to raise debt limit under George W Bush

http://thinkprogress.org/economy/2011/07/19/273349/130-republicans-voted-debt/

<snip>
Yet these Republicans were not always demanding hostages in exchange for allowing the country to pay its own bills. In November of 2004, Congress voted in both the House and Senate to hike the U.S. debt limit by $800 billion, which raised the total ceiling to $8.1 trillion.

A ThinkProgress review of the votes in both the House and Senate finds that a whopping 130 congressional Republicans voted to hike the debt ceiling that November that remain in the U.S. Congress today (either in their same seats or by coming to the Senate). These members of Congress did not demand draconian cuts in public investment that would’ve driven up unemployment and threatened the economy in return.

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As we can see, they raised the debt limit to $8.1 trillion dollars in November of 2004. By the time Bush left office, he had run up about $11 trillion dollars in debt, if we count what he left Obama in his first budget. But he left a frigging mess. He left the deficit faucet running full blast with two on-going wars, an unpaid Medicare prescription program, and taxcuts that took away a big part of our revenue base. So now, they are worried about the debt and the deficit which they mostly created??
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130 Republicans in the Congress today voted to raise debt limit under George W Bush (Original Post) kentuck Oct 2013 OP
Kicked and recommended. Uncle Joe Oct 2013 #1
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