Obama Says Reagan Raised Debt Ceiling 18 Times; George W. Bush Seven Times

In a televised address to the nation on July 25, 2011, to discuss the pending deadline on the debt ceiling, President Barack Obama made his pitch for a "balanced" approach to reducing the deficit -- one that includes spending cuts as well as revenue increases from tax increases for wealthier Americans.

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BING SEARCH:
  • Reagan Raised the Debt Ceiling the More Times Than Any Other ...
    President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times. In contrast, President Obama has raised the debt ...
    06/19/2013 - 11:12 pm | View Website
  • Reagan Slams Low Taxes for Wealthy; He Raised Taxes 11 Times
    During a speech in 1985, President Ronald Reagan said that a man who made a six figure income wanted to testify before congress to explain why he thought ...
    06/19/2013 - 7:44 pm | View Website
  • President Obama Makes Ronald Reagan Proud | Firedoglake
    President Obama and his inner Ronald Reagan protect the rich from the possibility of a dent in their wealth and power.
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