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Blog: President Obama on the Debt Ceiling


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Some interesting quotes from then-Senator Obama on the Senate floor on March 16, 2006.

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure."

"I therefore intend to oppose the effort to increase America's debt limit."

"Interest payments are a significant tax on all Americans - a debt tax Washington doesn't want to talk about."

"Increasing America's debt weakens us domestically and internationally. Leadership means that "the buck stops here.'"

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