Community Blogger: K.Real
To Raise the Debt Ceiling or Not to Raise the Debt Ceiling.
That Was The Question.
So, on August 2, 2011 the question was answered, by a vote of 269 Yes to 161 No in the U.S. House of Representatives on Monday 1 August, and a concluding 74 Yes to 26 No votes in the U.S. Senate today August 2nd and an approval signature by the President, Barack Obama, the United States avoided what would have been one of the worse events to happen to this nation since its conception. that being, defaulting on America’s financial standing in the free world economy.
Immediately, after the vote was in by the House of Representatives the cable networks were asking who were the winners and who were the losers in this ridiculous, childish, and unprofessional self inflicted crisis. A crisis created in the Congress of the United States of America by the very people we elected to govern our country.