We knew this was coming. But like Vice President Pluggers always says, ya gotta spend money to keep from going bankrupt.

From the Washington Post:

President Barack Obama asked Congress Thursday for another $1.2 trillion increase in the nation’s debt limit, a request that is largely a formality but which carries election-year implications.

Congress has 15 days to reject the president’s request. Majority House Republicans, eager to criticize the president’s spending policies, immediately announced they would hold a vote next week on a resolution of disapproval.

It was the third and final such request the president was allowed under a deal the White House reached with lawmakers in August to prevent a government default.

Adding as much debt as Obama has is just plain unpatriotic. But don’t take my word for it: