President’s Remarks: October 17th 2013

The president spoke this morning as if the problem of US deficit spending had been solved. NOT.

Kicking the can down the road for another 90 days is a stalling and delay tactic, a band-aid applied to a broken leg. We will face this entire scenario ALL OVER AGAIN on February 7th 2014 when the US government again reaches it’s spending limit. The underlying hemorrhage of excessive federal spending has not been stopped, and the deal that’s been reached could not even pass as a makeshift tourniquet.

See http://www.politico.com/multimedia/video/2013/10/obama-on-debt-and-shutdown-deal-full-remarks.html

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