"It is not enough to know that there is a shadow government pulling the strings of the visible government- we must also act to expose it, and defeat it!"-Mark Matheny
Thursday, November 8, 2012
Harry Reid on Hiking Debt Limit to $18.794T: ‘We’ll Raise It’
Editor's Note: The Obama Thug House is already talking about raising the Debt ceiling again.... I hate to say it but we are HIT LIKE A SOUP SANDWICH..... CNS News November 8, 2012
(CNSNews.com) – Senate Majority Leader Harry Reid (D-Nev.) said on Wednesday that if the $16.394 trillion current legal limit on the federal government's debt must be raised in the next few months by another $2.4 trillion, “We’ll raise it."
That would set the debt limit at $18.794 trillion.
During a Capitol Hill press conference on Wednesday, CNSNews.com asked: “Senator Reid, the Treasury Department said last week that we will hit the debt ceiling again near the end of the year. Are you prepared—will you support—"
“I think the debt ceiling will come after the first of the year,” Reid said. “But please everyone accept this: They tried it before—they, the Republicans.”
“They tried it before – ‘We’re going to shut down the government, and we’re not going to raise the debt ceiling,’” he said. “If they want to go through that again, fine."
“But we’re not going to be held subject to something that was done as a matter of fact in all previous administrations,” Reid said.
CNSNews.com then asked, “But will you support raising it by another $2.4 trillion?”
“If it has to be raised, we’ll raise it,” he said.