Democrats: National Debt Too Low – Let’s Raise it to $14 Trillion

January 21, 2010
By Comments are off for this post

These people are out of their minds.

AP/Yahoo: Senate Democrats on Wednesday proposed allowing the federal government to borrow an additional $1.9 trillion to pay its bills, a record increase that would permit the national debt to reach $14.3 trillion.The unpopular legislation is needed to allow the federal government to issue bonds to fund programs and prevent a first-time default on obligations. It promises to be a challenging debate for Democrats, who, as the party in power, hold the responsibility for passing the legislation. ….

At this rate, how much more damage are the Democrats going to do between now and November? This is unbelievable.

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