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The U.S. national debt reached nearly $17.3 trillion at midnight on February 7

Stuck in Congressional "Groundhog Day"


By Heritage Foundation Amy Payne——--February 10, 2014

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In the movie “Groundhog Day,” Bill Murray wakes up again and again to find that he is stuck in the same day. This happens multiple times a year now with Congress on the debt limit, which we just hit again on Saturday.

Depending on which party’s in power, the ones arguing for or against raising the debt ceiling will change—which makes for fun historical quotations like Obama vs. Obama on the debt limit. In our new video, you can see politicians from both sides arguing the debt limit—and vowing that they will not, absolutely not, have this same argument again next year.

And then it’s Groundhog Day again. More...

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Heritage Foundation——

The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973,  mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.


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