The thing I can’t figure out is why the change of heart?
(Daily Caller) — In preparation for the looming debate to raise the nation’s debt ceiling, a top House Democrat joined President Obama by issuing his own own personal mea culpa for opposing a debt ceiling increase in years past.
The number two Democrat in the House, Rep. Steny Hoyer of Maryland, who called Republican efforts to raise the debt ceiling “immoral” when he voted against it in 2004, is the latest to apologize for his position on the issue. During a briefing with reporters Tuesday morning, Hoyer said his nay vote seven years ago was a “mistake.”
“Let me be the first to observe that I have voted against the debt limit in the past. That was a mistake.,” Hoyer said. “The point we were trying to make when we voted against the debt limit was that cutting revenues, ie. taxes, on a regular basis and then increasing spending was a policy that inevitably led to debt.”
White House Press Secretary Jay Carney on Monday said that President Obama “regrets” his 2004 vote against raising the debt limit, and also called it “a mistake.”