Obama Wants $1.2 Trillion More
By Rick Pearcey • December 27, 2011, 11:15 AM
The White House plans to ask Congress for an increase in the debt limit before the end of the week, according to a senior Treasury Department official.
The debt limit is projected to fall within $100 billion of the current cap by December 30. President Barack Obama is expected to ask for additional borrowing authority to increase the limit by $1.2 trillion.
Apparently, it takes a lot of money to replace God as the center of gravity for human freedom.
