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Request for Debt Ceiling Increase Coming ‘In a Matter of Days’

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By Doug Powers  •  January 10, 2012 04:31 PM

**Written by Doug Powers

While many of us are distracted by GOP primary season, something more expensive is about to happen. The request for a $1.2 trillion debt ceiling increase was delayed for various reasons over the holiday break, but all good things must come to an end:

The Obama administration will be asking Congress to raise the debt limit in the coming days, White House press secretary Jay Carney said on Tuesday.

“I’m confident it will be executed in a matter of days, not weeks,” he told reporters.

The notification by the administration — which had been scheduled for last month — was delayed because Congress has been holding only pro forma sessions.

Why wouldn’t the President just wait until Congress goes to lunch or run to the john so as to justify a “recess debt ceiling increase”? After all, we can’t wait. Maybe I shouldn’t give them any ideas.

**Written by Doug Powers

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Categories: Barack Obama, Donald Trump, Media, Media Bias