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The Background:
As filed in the Congressional Record, then-Senator Barack Obama opposed increasing the debt ceiling in 2006.

The Quote:
Barack Obama Increasing America’s debt weakens us domestically and internationally. Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.

The Who & When:
  • Barack Obama, March 16, 2006


  • The Source:
  • Washington Post


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