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LISTEN NOWThe Freedom Files Podcast Episode 29: Brent BozellListen Here


Even the Press Doesn't Believe Obama Debt Spin

Obama Debt SpinYesterday President Obama gave a speech to the Business Roundtable organization in Washington, DC. The speech was carried by the major news networks for all to see, and see we did. During his speech we saw Obama try to spin like he's never spun before, so much so you might think he was trying to swing dance. I took a swing dance class in college and it was a miserable failure, so too was Obama's lying.

When talking about raising the debt ceiling, Obama made it sound as common place and harmless as the rising sun. Of course the truth is another matter.

From Obama's speech:

“You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt.”

A carefully worded statement from a man who was an attorney before he was President.

He continued.

"Now, this debt ceiling -- I just want to remind people in case you haven't been keeping up -- raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you've already racked up, Congress. It's a basic function of making sure that the full faith and credit of the United States is preserved."

And then he takes a crack at average Americans, the oh so out-of-touch "average person" who just doesn't understand that Obama is clearly right.

"It's always a tough vote because the average person thinks raising the debt ceiling must mean that we're running up our debt, so people don't like to vote on it, and, typically, there's some gamesmanship in terms of making the President's party shoulder the burden of raising the -- taking the vote."

Come on, get it together folks. Fall in line! Raising the debt ceiling has nothing to do with raising our national debt, and Republicans just need to accept it.

Ted Cruz, Mike Lee, Rand Paul and FreedomWorks all disagree. Raising the debt ceiling is a big deal. It does allow our country to increase its debt and if Obamacare doesn't get defunded or delayed in the CR, then using the debt limit increase is a perfect opportunity to cut funding to that train-wreck program. Also, it's not "unprecedented" as Obama would have you believe.

Even the Washington Post isn't buying the President's spin. Glenn Kessler of "The Fact Checker" puts Obama's claims to The Pinocchio Test.

Clearly, Obama’s sweeping statement does not stand up to scrutiny, even with his caveat. Time and again, lawmakers have used the “must-pass” nature of the debt limit to force changes in unrelated laws.

Obama's spin earns a solid four Pinocchios.