Lie of the Day: “We Are On The Brink of Default”

October 16, 2013

History of Debt Limit Increases since 1997 - click on image for full size view
History of Debt Limit Increases since 1997 – click on image for full size view

Lie of the day:We are on the brink of default.

Truth of the day: Federal government has a monthly income sufficient to pay debt service.

This president doles out funds for every imaginable scheme from funding oil drilling in Mexico and Brazil (but not here in the U.S.), to funding homosexual activists in other countries ($11 million).

He finds money to pay his security forces overtime to block veterans from their memorials with Barry-cades, tourists from privately funded, privately operated resorts and memorials, but he can’t pay the credit card?

While true that Obama can’t fund his agenda AND pay the debt, the matter of debt service is a fact of law, as stated in the 14th Amendment, SECTION 4: “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

By law, he MUST pay federal debt. Therefore, the real issue is his desire to fund his agenda.

Reference: Forbes article [Don’t Believe The Debt Ceiling Hype: The Federal Government Can Survive Without An Increase], dated 10/03/2013 @ 8:00AM, written by Jeffrey Dorfman

We must have a balanced budget. It’s common sense. As with your personal and business finances, no one can long survive by borrowing every month to pay credit card debt service.

The Obama administration and Democrat senators have refused to operate federal government under a budget because doing so invites accountability.

Tell Congress to Defund ObamaCare

Senator John Cornyn contact information


517 Hart Senate Office Bldg.
Washington, DC 20510
Main: 202-224-2934
Fax: 202-228-2856

Senator Ted Cruz contact information


185 Dirksen Senate Office Building
Washington, DC 20510
Phone: (202) 224-5922

Congressman Ralph M. Hall contact information


2405 Rayburn H.O.B.
Washington, DC 20515-0001
Tel No: 202-225-6673
Fax: 202-225-3332

Speaker John Boehner


1011 Longworth H.O.B.
Washington D.C. 20515
Phone: (202) 225-6205
Fax: (202) 225-0704

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