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Friday, October 23, 2009

Debt? Just Hide It.

This might work for them, there will only be one network to cover this, and it won’t be ABC, CBS, NBC, MSNBC, or CNN, and fewer and fewer read print so not many will notice.

Dems seek cover to boost debt limit.

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The Senate must soon increase the national debt limit to above $13 trillion — and Democrats are looking for political cover.

Knowing they will face unyielding GOP attacks for voting to increase the eye-popping debt, Democrats are considering attaching a debt increase provision to a must-pass bill, possibly the Defense Department spending bill, according to Democratic and Republican sources.

Adding it to the defense bill would allow Democrats to argue that they voted for the measure to help troops in harm’s way — and downplay that their vote also expanded the limit for how much money the country can borrow.

The strategy has not yet been finalized, aides and senators said. The House already approved a debt limit increase of $925 billion — above the $12.1 trillion ceiling Congress approved as part of the economic stimulus package last February — but Democrats may seek to increase the limit further so they don’t have to revisit the politically treacherous issue until after the 2010 midterm elections.
more if you care,
http://www.politico.com/news/stories/1009/28586.html
                   
Yes the “ONE” inherited tremendous debt, but its obviously not a concern the way he and this congress spend. They just don’t want "US" to notice.

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