{"id":2782,"date":"2012-01-12T12:51:29","date_gmt":"2012-01-12T20:51:29","guid":{"rendered":"http:\/\/savingtherepublic.com\/blog\/?p=2782"},"modified":"2012-01-12T12:53:25","modified_gmt":"2012-01-12T20:53:25","slug":"obama-requests-1-2t-hike-in-borrowing-limit","status":"publish","type":"post","link":"http:\/\/savingtherepublic.com\/blog\/2012\/01\/obama-requests-1-2t-hike-in-borrowing-limit\/","title":{"rendered":"Obama Requests $1.2T Hike in Borrowing Limit"},"content":{"rendered":"

\"\"<\/a>Let me guess, aside from it being a “formality”, Pharaoh Obama’s need to ask for the money instead of being a responsible POTUS is Bush’s, republican’s, ATM’s, advances in technology and the TEA Party’s fault! He continues to spend money WE DON’T HAVE like a wild man!<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

(AP) WASHINGTON<\/a> \u00e2\u20ac\u201d President Barack Obama is asking Congress for another $1.2 trillion increase in the nation’s debt limit.<\/p>\n

The request is largely a formality. It’s the third and final request the president is allowed under a deal the White House and lawmakers reached in August to prevent a government default.<\/p>\n

But Republicans are likely to use the election-year request as an opportunity to criticize the president’s spending policies.<\/p>\n

Congress has 15 days to reject the president’s request. The White House says Obama would veto any objections in order to avoid a default.<\/p>\n

Obama originally planned to make this request in late December. But with Congress on vacation until mid-January, lawmakers asked Obama to delay his request so they could vote on the matter when they return.<\/p>\n","protected":false},"excerpt":{"rendered":"

Let me guess, aside from it being a “formality”, Pharaoh Obama’s need to ask for the money instead of being a responsible POTUS is Bush’s, republican’s, ATM’s, advances in technology and the TEA Party’s fault!…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_options":[]},"categories":[9,248],"tags":[5462,5456,5458,5461,5463,5460,5455,5457,5459],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts\/2782"}],"collection":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/comments?post=2782"}],"version-history":[{"count":0,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/posts\/2782\/revisions"}],"wp:attachment":[{"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/media?parent=2782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/categories?post=2782"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/savingtherepublic.com\/blog\/wp-json\/wp\/v2\/tags?post=2782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}