How Many Times has the debt Ceiling been Raised - Why?

How Many Times has the debt Ceiling been Raised?

With vicious debate regarding how the US debt should be handled, some are wondering what it all means. Some people know the history of the United States fiat currency debt practices, while others are completely stupefied as to the current debt situation. Some even think the ‘Dollar’ as a form of currency was the first piece of paper with pretty pictures we traded like baseball cards for others goods and services. The information you will see should not be shocking however, the fact that the American people allow these shenanigans to continue is just ridiculous! Before change can be made, we need to raise awareness.

We are not talking about “Obama Change” We are talking about “Why does the debt ceiling continue to be raised?” and “Why do we keep doing the same thing and expect different results” change. The change that will end corporate corruption and a lobbyist controlled  white house. That being said, just how many times has this whole circus happened before? How many times has the debt ceiling been raised?

Full “How Many Times has the debt Ceiling been Raised” article with Pics/ dsc

The Debt Limit: History and recent Increased. Complete Report!

Here is a small historical collection of reports that show just how many times this whole “raise the debt ceiling” or else, show has been given.It seems every month there is some type of “National debt is out of control” Story.

Watch this video first….

16 Oct 09 – Obama team makes it official: Budget Deficit hits record. By a lot. (USA Today)
15 Oct 09 – Greenspan: U.S. National Debt, not weak dollar, is the concern (BloggingStocks)
12 Oct 09 – Opinion: Taking the National Debt Seriously (Wall Street Journal)
8 Oct 09 – U.S. Deficit hits record $1.4 Trillion (BBC News)
5 Aug 09 – National Debt cap will need to rise, Treasury predicts (Washington Post)
3 Jul 09 – Mountain of Debt: Rising Debt may be next crisis (ABC News)
9 Jun 09 – America’s sea of red ink was years in the making (New York Times)
20 Mar 09 – US Federal Deficit soars past previous estimates (Washington Post)
20 Mar 09 – Congressional Budget Office: US Deficit ballooning to record $1.7 trillion (Christian Science Monitor)
17 Mar 09 – National Debt hits record $11 Trillion (CBS News)
27 Feb 09 – Americans mixed on Obama Budget and fret over Deficit (Reuters UK)
26 Feb 09 – Proposed 2010 Budget available for review (Whitehouse.gov)
26 Feb 09 – Budget chief explains Obama’s $2 trillion for Deficit reduction (Wall Street Journal)
26 Feb 09 – Obama plans huge shifts in spending — and a $1.75 trillion Deficit (New York Times)
24 Feb 09 – Editorial: Massive debt is Obama’s long-term challenge (San Jose Mercury News)
23 Feb 09 – Deficit concern jumps … among the GOP (Washington Post)
22 Feb 09 – Obama plans to slash U.S. Budget Deficit by 2013 (Bloomberg)
9 Oct 08 – Maxing out the National Debt Clock (US News & World Report)
9 Oct 08 – Sign of the times — The clock has run out on the National Debt (Wall Street Journal/AP)
7 Oct 08 – U.S. Budget Deficit hits record $438 billion for year (USA Today/AP)
7 Oct 08 – Opinion: National Debt passes $10 trillion, no one notices (Huffington Post)
29 Sep 08 – Bush Administration adds $4 trillion to National Debt (CBS News)
25 Sep 08 – ABCs of the bailout: what it means for taxpayers (Tahlequah Daily Press (OK))
25 Sep 08 – Opinion: Bush legacy takes a turn (The Advocate — WBRZ Louisiana)
24 Sep 08 – U.S. Debt could hit WWII levels (Toronto Star)
24 Sep 08 – U.S., examining a bailout, has boosted Debt before (Associated Press)
23 Sep 08 – Opinion: Our kids will pick up the check for our financial mess (Dallas Morning News)
9 Sep 08 – Deficit grows as rescue costs are added up (Financial Times (London))
4 Feb 08 – Bush proposes $3.1 trillion budget (Los Angeles Times)
27 Jan 08 – The State of the Union — and its Debt (TheStreet.com)
13 Mar 07 – Wincing Dems are likely to raise the limit on Debt (The Hill)
16 Mar 06 – Congress sets new Federal Debt Limit: $9 trillion (National Public Radio)
16 Feb 06 – U.S. moves to miss hitting Debt Ceiling (MarketWatch)
7 Feb 06 – Bush’s Budget sparks bipartisan protest (CBS News)
10 Jan 06 – Bush seeking to limit spending growth in ’07 Budget (Bloomberg)
8 Jan 06 – U.S. hovers close to its Debt Ceiling — Treasury boss says government business could be affected (San Francisco Chronicle)
27 Nov 05 – Deficit cracking GOP’s solidarity — party-line vote no longer assured (San Francisco

See the complete sotry and video at:   Coupmedia.org/debt-ceiling