By Bernie Becker - 06/11/11 04:50 PM EDT
Sen. Barack Obama vs. President Obama
Sen. Obama March 16, 2006
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now de- pend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.
President Obama April 14, 2011
When you’re a Senator, traditionally what’s happened is this is always a lousy vote. Nobody likes to be tagged as having increased the debt limit for the United States by a trillion dollars… As President, you start realizing, "You know what? We-- we can’t play around with this stuff. This is the full faith in credit of the United States." And so that was just a example of a new Senator, you know, making what is a political vote as opposed to doing what was important for the country. And I’m the first one to acknowledge it.