"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."(underline added). You see where he is going with this--that Congress is violating the Constitution, and it is up to him to make sure that the government complies with it.
Thursday, September 19, 2013
Obama Invokes "Full Faith and Credit" to Raise Debt Ceiling
A warning shot across the bow. From a CNS article quoting Pres. Obama: