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Ill. GOP rep. [Walsh] says Obama ‘lying’ about debt ceiling
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Contributor | The Sunset Provision |
Last Edited | The Sunset Provision Jul 13, 2011 10:36pm |
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Category | News |
News Date | Thursday, July 14, 2011 04:00:00 AM UTC0:0 |
Description | An Illinois congressman accuses President Barack Obama in a video released Wednesday of “lying” about the impact of not raising the national debt ceiling in the next three weeks and goes on to ask, “Have you no shame, sir?”
McHenry Republican Joe Walsh of the 8th Congressional District says “President Obama, quit lying,” in the video posted online. He says there is “plenty of money” to pay debt and cover Social Security even if the limit isn’t raised.
Walsh claims Obama will not get congressional approval to increase the $14.3 trillion debt limit unless the Democratic president backs a balanced budget amendment to the Constitution, which Obama opposes. Obama says the country will default if Congress doesn’t raise the ceiling by Aug. 2.
Republicans, looking to reduce the federal deficit, are insisting on massive spending cuts as a condition for raising the debt limit. Republicans oppose any tax increases.
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