FLASHBACK: When Obama Decried Increasing The Debt Limit As “A Sad State Of Affairs”
In 2006, Then-Sen. Obama Decried The Vote To Increase The Debt Limit As “A Sad State Of Affairs.” OBAMA: “We are voting on the budget today. It’s a sad state of affairs. We just voted to increase the debt limit. The U.S. total debt at this point exceeds $8 trillion. That’s 8 trillion with a ‘T.’ So we’ve got to get our fiscal house in order here in Washington. I’m not sure it’s going to happen under the current leadership in Congress.” (Sen. Barack Obama, Remarks On 21st Century Schools, Washington, DC, 3/16/06)
