Breaking News on B.O. Request for Increased Debt Limit

Glenn Reynolds on his Instapundit Blog just posted this about an hour ago.  Here it is in Glenn's words:



AN EMAIL FROM SPEAKER BOEHNER ON THE DEBT LIMIT:

I’ve been notified that the Obama Administration intends to formally request an increase in the debt limit. The American people will not stand for such an increase unless it is accompanied by meaningful action by the President and Congress to cut spending and end the job-killing spending binge in Washington. While America cannot default on its debt, we also cannot continue to borrow recklessly, dig ourselves deeper into this hole, and mortgage the future of our children and grandchildren. Spending cuts – and reforming a broken budget process – are top priorities for the American people and for the new majority in the House this year, and it is essential that the President and Democrats in Congress work with us in that effort.

If this is the case, we're up for some serious politics and governing in the next few days.  Stay tuned.

Thanks for dropping by.  . .
  Ken B. Godevenos, Church & Mgmt. Consultant, bringing you relevant information from all sorts of sources.  Subscribe free to Epistoli or follow us by clicking on the appropriate link in the right side bar.  And don’t forget to “share” this blog with your friends by going to “Share” on your Navigation Bar.

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