In Debt Ceiling Fight, President Obama Issues Warning to Republicans

President Obama addresses the need to increase the debt limit and other issues during a news conference Monday at the White House.

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  News & Politics

[John Smith]

How many millionaires would it take to pay off our debt? it is currently $16,776,000,000,000

If each millionaire paid $1,000,000, then it would take 16,776,000 millionaires to pay that off.

Wait that can't be right?

$16,767,000,000,000

/ $1,000,000

________________

= 16,000,000

Hmmm?

[54markl]

Like Lincoln, Obama is catching a lot of heat from the Southern right, who dislike him for questionable reasons. As if Romney wouldn't have made things much worse, as we know he would have. Most people had no trust for Romney, that's why Obama won re-election. There are no quick fixes, but we have to remember why there's something to fix in the first place. Unless we want the same thing to happen all over again.

[wgham2009]

if he really wanted to control the spending a good start would have been to avoid the expence of that big hooplaa for his second inauguration a small ceramony in the oval office would have been just as effective without all that cost he had his hooplaa for his first term but it's better to keep-up apperances than to be responsible we can't afford it but why should that stop us. it so sad he does not care if he did his actions would be a lot different he would not be seeking an increase

[wgham2009]

bush rack up more debt than all the previous presidents combined and unless someone comes to their sences obama will do more of the same america can't pay the intrest on the debt never mind the principal and they say this way the deficite will be reduced by 4 trillion $ who showed theses bozos how to count? when we add the unfunded liabilities to medicare and medicade the debt is actually aprx. 226 trillion $ but they are proud of their record! add the debt each state has accumulated

[yakyakyak69]

This president and the one that came before are examples of the WORST that humanity has to offer!

[Miles Kjeller]

Go watch CGPGrey's video on "The Debt Ceiling" and you'll see that it's Congress you should be looking at, not the President.

Enjoy your own broken system America.

[SkooterxD]

Security for middle class my ass. Already forget about the embassy Obama?

[professorfoxtrot]

Invest in gold and silver!!! you lose obama!!