OK, so you were stupid and maxed out the credit card. Your argument for raising the borrowing limit on it? Because if you stop spending you can't bring the credit card bill down. Yeah, I know it's absurd, but that very notion came out of the mouth of our community organizer-in-chief. From
The Hill via
moonbattery:
Proposed House cuts to the Executive Office of the President’s (EOP) budget will hurt administration efforts to cut the deficit, the White House argues.
The Obama administration made the argument in comments on H.R. 2434, the 2012 Financial Services and General Government Appropriations Act. That bill could be on the House floor as early as next week, and would decrease funding for the EOP from $705 million to $640 million.
“The level of resources provided in the bill would significantly impact the EOP’s role in assisting the president in carrying out his constitutional duties as head of the executive branch, including … reducing the deficit…” the administration said in a statement of administration policy (SAP) [PDF].
From $705 to $640? That's it? And that's too much to ask for? So much for that shared sacrifice bs. Meanwhile, this is what we're staring at thanks to Obama and the Democratic Party:
