SELLOUT: Debt Up $2.7T in 2.5 Yrs Under Boehner Debt-Limit Deals
February 12, 2014 – 12:42 PM
(CNSNews.com) – The debt of the U.S. government has increased by $2.678 trillion in the 2.5 years since House Speaker John Boehner (R.-Ohio) completed his first deal to put legislation increasing the debt limit through a Republican-controlled House of Representatives.
On Aug. 2, 2011, President Barack Obama signed legislation, approved by the Boehner-led House, permitting the Treasury to increase the debt by $900 billion. Since then, the debt limit has been repeatedly suspended by legislation that needed to pass through the Republican-controlled House.
Yesterday, the House once again passed legislation to suspend the debt limit—this time through March 15, 2015, which is after November’s mid-term congressional elections.
This time, the House voted 221 to 201 (with 10 members not voting) to suspend the debt limit. The majority consisted of House Democrats plus 28 House Republicans–including Speaker John Boehner (R.-Ohio) and House Majority Leader Mickey Cantor (R.-Va.).