"The fact that we are here today to
debate raising America's debt limit is a sign of leadership failure. It
is a sign that the US Government cannot pay its own bills. It is a
sign that we now depend on ongoing financial assistance from foreign
countries to finance our Government's reckless fiscal policies.
Increasing America 's debt weakens us domestically and internationally.
Leadership means that, "the buck stops here.'
Instead, Washington is shifting the burden of bad choices today
onto the backs of our children and grandchildren. America has a debt
problem and a failure of leadership.
Americans deserve better."
~ Senator Barack H. Obama, March 2006
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