{"id":324081,"date":"2010-02-15T13:35:34","date_gmt":"2010-02-15T18:35:34","guid":{"rendered":"http:\/\/www.campaignforliberty.com\/blog.php?view=32603"},"modified":"2010-02-15T13:35:34","modified_gmt":"2010-02-15T18:35:34","slug":"obama-signs-bill-allowing-more-us-debt","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/324081","title":{"rendered":"Obama Signs Bill Allowing More US Debt"},"content":{"rendered":"<p>By Matt Holdridge<\/p>\n<p>Privately on Friday night, President Obama signed a bill to increase the national debt limit from&nbsp;$12.4 trillion to&nbsp;$14.3 trillion.&nbsp;<\/p>\n<p>The administration is projecting a $1.56 trillion deficit for the budget year ending Sept. 30.<\/p>\n<p>So much for the new fiscally responsible Obama.&nbsp;<\/p>\n<p>The&nbsp;so-called &ldquo;<span class=\"il\">PAYGO<\/span>&rdquo; provision was included in the bill. The provision&nbsp;requires future spending increases or tax cuts to be paid for with tax increases or other spending cuts elsewhere.<\/p>\n<p>In reality,&nbsp;<span class=\"il\">PAYGO<\/span>&nbsp;is designed to make it easier for Congress to raise taxes faster while making it more difficult to cut spending on welfare and warfare.<\/p>\n<p>Read more <a href=\"http:\/\/dailycaller.com\/2010\/02\/13\/obama-says-new-budget-rules-will-rein-in-spending\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Matt Holdridge Privately on Friday night, President Obama signed a bill to increase the national debt limit from&nbsp;$12.4 trillion to&nbsp;$14.3 trillion.&nbsp; The administration is projecting a $1.56 trillion deficit for the budget year ending Sept. 30. So much for the new fiscally responsible Obama.&nbsp; The&nbsp;so-called &ldquo;PAYGO&rdquo; provision was included in the bill. The provision&nbsp;requires [&hellip;]<\/p>\n","protected":false},"author":3999,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-324081","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/324081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/3999"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=324081"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/324081\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=324081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=324081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=324081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}