Friday, July 22, 2011

Harry Reid in '06: Raising debt limit last thing we should do, will weak...



Nevada senator Harry Reid in '06 said ... raising the debt limit was the last thing we should do. He said then "most Americans know that increasing debt is the last thing we should be doing" and that "any credible economist would tell you we should be decreasing debt, not increasing it". He was worried then about increasing the debt ceiling to almost $9 trillion. He was worried then that it took the Bush presidency many years to increase at a much, much slower pace the the Obama presidency.