July 16, 2011

Nearly two-thirds of debt ceiling rises in past 50 years have been under Republican presidents

Guardian, UK - According to the US Treasury, Congress has acted 78 times since 1960 to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican presidents and 29 times under Democratic presidents

1 comments:

Anonymous said...

The Republicans are happy to do this for Republican Presidents since they (the Presidents) can be trusted to spend it on "good" things like wars and corporate give-aways and new agencies designed to eliminate civil liberties.