#debt limit

The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. Americans deserve better. I, therefore, intend to oppose the effort to increase America's debt. ↗

— Barack Obama

#better #debate #debt #debt limit #deserve

But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction. ↗

— David Plouffe

#debt #debt limit #deficit #deficit reduction #get

Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective. ↗

— John Sununu

#businesses #comfort #congress #cover #cut

President Obama's reelection started the countdown for lawmakers to address the fiscal cliff and the statutory debt limit. Unless the President and House Republicans can agree on changes to current law, the U.S. economy will be in recession by spring. ↗

— Mark Zandi

#agree #changes #cliff #current #current law

I can tell you if you look at the polls, Democrats, Republicans, Independents, they do not think we should increase the debt limit. ↗

— Jim DeMint

#debt limit #democrats #i #i can #increase

At a time when the GOP is playing games with the debt limit, a member of the Supreme Court is refusing to recuse himself from matters he has a financial interest in, and middle class incomes are stagnant, many want to change the subject. I don't. This was a prank, and a silly one. I'm focused on my work. ↗

— Anthony Weiner

#class #court #debt #debt limit #financial

Historically, the minority party in Congress votes against raising the debt limit, forcing the majority party to whip its members into casting politically painful votes in favor. ↗

— Peter Welch

#casting #congress #debt #debt limit #favor

Historically, the responsibility for voting on the debt limit has gone to the party in the majority. ↗

— Jacob Lew

#debt limit #gone #historically #limit #majority

Raising the debt limit on some levels is a ministerial act. It doesn't involve any new spending. ↗

— Jacob Lew

#any #debt #debt limit #involve #levels

My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together. ↗

— David Plouffe

#believe #both #come #cutting #debt