• Home
  • Get Involved
    • Volunteering
    • Internships
    • Advocate!
    • Grants and Financial Support
  • About
    • About
    • TMN
    • What We Do
    • The Team
    • Contact
    • Privacy Policy
    • Terms of Use

  • U.S. News
    • Politics
    • 2012 Election
    • Finance
    • Crime
    • Education
    • Immigration
    • Foreign Policy
    • Sci/Tech
  • World News
    • Global
    • Europe
    • Central & South Asia
    • Africa
    • Asia-Pacific
    • Latin America
    • Middle East
  • Green World
    • Go Green
    • Environmental News
    • Green Technology
  • Sports
    • 2012 Olympics
    • Action Sports
    • Basketball
    • Football
    • Baseball
    • Tennis
    • Ice Hockey
    • Motor Sports
    • Soccer
    • Golf
    • Combat Sports
  • Entertainment
    • In Cinema
    • TV
    • Music
    • Gaming
    • Comics
  • Life Style
    • Travel
    • Food
    • Fashion
    • Philosophy & Life
    • Arts & Literature
    • Gadgets
    • Health
  • Offbeat News
    • UFO
    • Supernatural
    • Bizarre News
    • Conspiracy Theories
    • Aliens
  • Opinion

Home » U.S. News » Politics » Obama Calls the Debt Ceiling Debate a “Dangerous Game”

Obama Calls the Debt Ceiling Debate a “Dangerous Game”

Posted by: Erin Chavez    Tags:  debt ceiling, debt ceiling 2011, debt ceiling vote, federal debt ceiling, obama debt ceiling, president barack obama, republican debt ceiling plan, speaker john boehner, spending cuts, the debt ceiling, us debt, us debt ceiling, USA    Posted date:  July 26, 2011  |  No comment



As the United States is hurling closer to the point of no return on the debt ceiling, President Obama addressed the nation on Monday evening calling the partisan politics a “dangerous game.” Obama criticized the temporary Republicans plan and urged Congress to raise the debt ceiling before the quickly-approaching August 2nd deadline.

“The American people may have voted for divided government, but they didn’t vote for a dysfunctional government,” the president said in a hastily arranged prime-time speech. He appealed to the public to contact lawmakers and demand “a balanced approach” to reducing federal deficits. “It is a dangerous game we’ve never played before,” Obama said, “and we can’t afford to play it now.”

Obama discussed the importance of raising the debt ceiling and the consequences if the ceiling is not raised in time. “Republican House members have essentially said that the only way they’ll vote to prevent America’s first-ever default is if the rest of us agree to their deep, spending cuts-only approach,” Obama said. “If that happens, and we default, we would not have enough money to pay all of our bills – bills that include monthly Social Security checks, veterans’ benefits, and the government contracts we’ve signed with thousands of businesses.”

The president suggested that Republicans consider raising taxes on the wealthiest Americans. He pointed out that it is not fair to ask for average American families to deal with deep spending cuts while the wealthiest Americans get off scot-free. “Most Americans, regardless of political party, don’t understand how we can ask a senior citizen to pay more for her Medicare before we ask corporate jet owners and oil companies to give up tax breaks that other companies don’t get,” the President stated.

“How can we ask a student to pay more for college before we ask hedge fund managers to stop paying taxes at a lower rate than their secretaries? How can we slash funding for education and clean energy before we ask people like me to give up tax breaks we don’t need and didn’t ask for?”

Arguing that Republican leaders were acting outside of the interests of their constituents, President Obama called on voters to “make your voice heard.”

Speaker of the House John Boehner (R-OH) unveiled a plan earlier on Monday that would raise the debt ceiling temporarily for six months. Obama addressed the plan stating, “In other words, it doesn’t solve the problem,” he said. Speaker Boehner issued his own rebuttal speech immediately following Obama’s address.


    Share This
About the author
Erin Chavez
Erin Whitney-Chavez has been writing professionally since 2009. She obtained her Bachelor of Arts from St. Bonaventure University and received a Master of Arts in mental-health counseling from Argosy University. Erin Whitney-Chavez is a licensed mental health counselor and has worked in the mental-health field for more than 10 years.



Related Posts

Chinese Government Finds Woes in U.S. Debt
China owns America, according to the Tea Party. Although the recent rumor that China possesses a larger percentage of government bonds than the American government itself has been busted, the idea has sparked debate over...


Government Spending, the Debt, and the Recent Default
With the recent near-default of the American government, we are forced to take a closer look at the dark rabbit hole that has become the federal budget. A short plunge into history will surface in a debate of the politics...


Giffords Returns for Historic Debt Vote
Rep. Gabrielle Giffords (D-AZ) made an unexpected return to Congress on Monday to vote on the debt ceiling bill. Seven months after being shot in the head in Tucson, Arizona, Giffords recovery has astounded doctors. House...


Wanna say something?





  Cancel Reply

« Obama Supports Respect for Marriage Act
John Boehner Accuses Obama of Creating a “Crisis Atmosphere” »
  • Share & Connect

  • Entertainment

    • Lisbon: The City Festivals
      Lisbon is one of the greatest destinations for music lovers. Every summer, Lisbon...

    • Kelly Rowland Opens Up Her Heart in "Dirty Laundry"
      For several years, many music fans and critics alike have speculated that Kelly Rowland...

    • Mo’ Blow Funks up Miri at Borneo Jazz 2013
      Borneo Jazz 2013, held on May 10-11 in Park City Everly Hotel, saw two jazz-filled...

    • Borneo Jazz 2013: First Day Left the Audience Awestruck
      The long awaited Borneo Jazz 2013 has finally arrived. Running for the eighth time...

    • May Game Releases for 2013
      There are quite a few different genres being released this month from Platformers...

    • Remembering George Jones Part III: The Comeback &...
      George Jones' had risen from a talented youngster performing on the street corner...

    • A City in the Sky: "BioShock Infinite" Reviewed Part...
      In Part 1, we discussed the world of "BioShock Infinite" and gameplay. In Part 2 we will...

    • Remembering George Jones Part II: The Tumultuous '60s...
      In the previous article, the early years of country music artist George Jones were...

    • "Dishonored" is Back with the Knife of Dunwall DLC
      "Dishonored" is back with its latest storyline-expanding DLC pack: "The Knife of Dunwall."...

    • Remembering Country Music Star George Jones Part I: The Early...
      On April 26, 2013, American country music star George Jones passed away at the age of 81. During...




 
  • Europe

    • The Men Who Gave Up the Papacy
      Pope Benedict XVI is not the only pope to hand over the Keys of St. Peter to someone...

    • Pope Benedict XVI To Resign
      Pope Benedict XVI has shocked the world by announcing that he will relinquish the papacy...

    • Britain: Horsemeat Horror
      The scandal that has shaken the food industry in Britain has come to a new low. It has recently...

  • U.S. News

    • Boston Marathon Bombing: Importance of Twitter in a Crisis
      Through the smoke billowing out from the two explosions and amidst the screams of those...

    • Outrage at CNN Reporter Sympathising with Steubenville...
      All over social media sites like Twitter and Facebook there has been a growing outcry...

    • TSA to Permit Small Knives and Baseball Bats Onboard...
      A proposal by the Transport Security Administration (TSA) to condone “small knives”...

  • Health

    • 2012: A Busy Year for American Red Cross with 113 Disasters
      Washington, U.S.A. -- In a busy year filled with hurricanes, tornadoes, wildfires,...

    • U.S. Medical Care Resembles "Vampire Economy," Surgeon...
      Tucson, U.S.A. -- The United States is forfeiting a half century of leadership in medical...

    • Give Miracles: Campaign to Raise $7.5 Million for Autism...
      Philadelphia, U.S.A. -- The Center for Autism Research at The Children's Hospital...

  • Africa

    • Kelvin Doe: "They call me DJ Focus"
      Meet Kelvin Doe. He’s the 16 year old inventor that has recently been a hit among...

    • Tragedy Strikes Foremost South African Orchestra
      The economic crisis is ongoing. South Africans, however, seem to be facing an economic...

    • Zambians on Second Term for Barack Obama
      Zambia, together with many African countries, has welcomed the second term for the US president...


 
Copyright © 2012 Toonari Post - A News Mash Up!