Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

President: Congress must act now to pass a budget and raise the debt ceiling

Obama address the nation on September 21st, 2013
Obama address the nation on September 21st, 2013

WASHINGTON – In his weekly address, President Obama said the economy is making progress five years after the worst recession since the Great Depression, but to avoid another crisis, Congress must meet two deadlines in the coming weeks: pass a budget by the end of the month to keep the government open, and raise the debt ceiling so America can pay its bills.

“Our economy is gaining traction,” the President said.  “And we’re finally tackling threats to middle-class prosperity that Washington neglected for far too long.  But as any middle-class family listening right now knows, we’ve got a long way to go to get to where we need to be.  And after five years spent digging out of crisis, the last thing we need is for Washington to manufacture another.”

The President said Congress must meet two objectives: Pass a budget and raise the debt ceiling.

“The most basic Constitutional duty Congress has is passing a budget.  But if it doesn’t pass one before September 30th – a week from Monday – the government will shut down,” Mr. Obama warned.

He also warned the not raising the debt ceiling would cause problems, as well.  “Congress must authorize the Treasury to pay America’s bills.  This is done with a simple, usually routine vote to raise what’s called the debt ceiling.  Since the 1950s, Congress has always passed it, and every President has signed it – Democrats and Republicans, including President Reagan.”

Watch video:


0 0 votes
Article Rating
Notify of

Oldest Most Voted
Inline Feedbacks
View all comments

Even more news:

Need help with your website?
Call your local professional,
Breakthrough Web Design:
or go to

Copyright 2022 – Internet Marketing Pros. of Iowa, Inc.
Would love your thoughts, please comment.x