February 4th, 2010. Little over a year ago, when the House of Representatives voted to increase

the legal limit on the national debt by another $1.9 trillion. That lifted the limit from 12.3 trillion

to 14.2 trillion, not one Republican voted for the increase. It's amazing how this tracks. Like

I just said, if you go back to 2006, not one Democrat voted to raise the debt limit in 2006.

Republicans ran the show then. One year ago, not one Republican voted to raise the debt ceiling

when they didn't run the show, of course. Just a year ago, one year, the debt ceiling has

gone up by $2 trillion. Now, the majority whip at the time was Eric Cantor of Virginia. He stood

up on the House floor that day and said that it was beyond comprehension and that it was a

travesty to talk about raising a legal debt limit to $14.2 trillion. Last week, the Republican House

leadership agreed to a deal with President Obama and Dengie Harry to spend $3.755 trillion

in this fiscal year, even though at the close of bidness on Friday, as the deal was being struck,

the Treasury reported that it could borrow only an additional $80 billion before hitting

the $12.294 trillion debt limit Congress at last year.

So, the debt ceiling increase of last year, we're bump up again now against it.

We need to do it again. In the first six months of this fiscal year, which will be October through

March, according to the Treasury Department, the debt increased $7008 billion, even if you subtracted

the $38.5 billion of this deal from that number. The federal government would still be on a pace to

increase the debt by about another $670 billion in the remaining six months of this fiscal year,

just to put that $38.5 billion into further perspective. Simply put, by the way, these numbers,

these are Terence Jeffrey and a piece he has at the Cybercasts New Service to put this in perspective,

to consummate the spending deal, the Republican House leaders cut with Obama and read on Friday.

Where is page two? Stupid printer. To concentrate the deal, or comment say, consummate the deal,

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