The national debt keeps on rising and soon the federal government will once again hit its debt limit. House Republicans are voting on a bill that would set priorities on what will get paid first in the event that they fail to reach a deal on raising the debt ceiling. That sounds like a responsible plan, so of course, President Obama will whip out his veto pen if by some miracle it passes in the Senate.

The White House said on Tuesday the president would veto legislation that would prioritize U.S. debt payments if the nation hits its borrowing limit, sending an early salvo in the next round of federal budget skirmishes.

The nation’s debt ceiling has been a centerpiece of budget fights between President Barack Obama and congressional Republicans for several years and brought the nation to the brink of defaulting on its debt in the summer of 2011.

While there has been a lull in the dispute, matters are expected to soon fester again when the administration begins running out of ways to raise money to pay U.S. government obligations. (Read More)

Well, it only makes sense. If Obama signs such a bill then he won’t be able to go out and threaten little old ladies with losing their Social Security benefits. Look how he was about the sequester, which was his idea! He thrives on scaring people. He can’t let those mean old Republicans take that away from him.

http://lonelyconservative.com/2013/05/ob...Conservative%29