Steele: Obama maxing out U.S. credit card
From: The Washington Times | December 9, 2009
Republican National Committee Chairman Michael S. Steele said Wednesday the Obama administration is handling the recession no better than millions of helpless Americans. "I'm unemployed and running up my credit card," said Mr. Steele, referring to Mr. Obama's plan to spend more federal money to create jobs. In February, Congress passed a $787 billion economic-stimulus package. Now Mr. Obama wants to spend $200 billion left from the Troubled Asset Relief Program largely to help small businesses, amid a growing federal deficit. "Then to say, 'I'm now going to get another credit card to pay off the other one?' " said ...
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