Unless we are holding ourselves accountable day in, day out, not just when there's a crisis for folks who have power and influence and can hire lobbyists, but for the nurse, the teacher, the police officer, who, frankly, at the end of each month, they've got a little financial crisis going on. They're having to take out extra debt just to make their mortgage payments. We haven't been paying attention to them. And if you look at our tax policies in America, it's a classic example.
Barack ObamaThere have been times where, let's say on LGBT issues, when we were trying to end Don't Ask, Don't Tell, and I got the Pentagon and Bob Gates, a Republican holdover from the [George W.] Bush administration, to authorize a study of how you might end Don't Ask, Don't Tell, headed up by Jeh Johnson, who at that time was a council to the Justice Department. And it was going to take a year to conduct that study, issue a report, and figure out how it might be implemented, what effect it would have on unit cohesion and military effectiveness.
Barack ObamaAnd I want to work with this Congress, to make sure Americans already burdened with student loans can reduce their monthly payments, so that student debt doesn't derail anyone's dreams.
Barack ObamaThe fact that we are here today to debate raising America's debt limit is a sign of leadership failure... It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies.
Barack Obama