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American nears edge of default

By Staff | Apr 21, 2011

During his presidency, George W. Bush increased the national debt from $5.95 trillion to $9.815 trillion by the end of his term. Speaker John Boehner, House Majority Leader Eric Cantor, Senate Minority Leader Mitch McConnell, and Senate Minority Whip Jon Kyle voted five times to raise the debt limit.

In June 2002, Congress approved a $450 billion increase with Boehner, McConnell and Cantor voting “yea,” Kyle voted “nay.”

In May 2003, Congress approved a $900 billion increase. Boehner, McConnell, Cantor, and Kyle voted “yea.”

In November 2004, Congress approved an $800 billion increase. Boehner, McConnell, Cantor, and Kyle voted “yea.”

In March 2006, Congress approved a $781 billion increase. Boehner, McConnell, Cantor, and Kyle voted “yea.”

In Sept. 2007, Congress approved an $850 billion increase. Boehner, McConnell, Cantor, and Kyle voted “yea.”

Not one of them demanded drastic spending cuts as they are doing now. In fact, the May 2003 debt limit increase passed the Senate the same day as the $350 billion Bush tax cuts for the wealthy.

They viewed increasing the debt limit as vital to keeping America’s economy running.

Now, with a Democrat in the White House – and OMG – a black Democrat at that – they are determined to push America to the edge of default by refusing to increase the nation’s debt limit without large spending cuts and more tax cuts for the wealthy.

Can you say, “hypocrites?”