Debt and Deficits

Obama Voted Against Raising Debt Ceiling in 2006

Admits to flip-flopping when questioned


Earlier today, President Barack Obama spoke about the urgency of raising the debt ceiling at a his final first-term White House press conference.

Midway through, Major Garrett of CBS reminded the President of harsh objections to his plan from a young, ambitious Senator.

In 2006, then-Sen. Barack Obama gave a floor speech defending his decision to vote against an increase in the debt ceiling under President George W. Bush.