That's right, we need it after all the irresponsible spending by zerO and the leading liberal minds in congress.
Quote:
U.S. Treasury Secretary Timothy Geithner asked Congress to increase the $12.1 trillion debt limit on Friday, saying it is "critically important" that they act in the next two months.
Mr. Geithner, in a letter to U.S. lawmakers, said that the Treasury projects that the current debt limit could be reached as early mid-October.
Mr. Geithner said the that it is "clearly a moment in our history" that requires support from both Democrats and Republicans for the increase.
http://online.wsj.com/article/SB124970470294516541.html
Yeah it's "clearly a moment in our history" all right!