Obama proposing an end to ‘sequestration’ and an additional $70 billion in debt
On March 1, 2013, a policy known as ‘sequestration’ went into effect. Sequestration was a plan to make cuts to proposed federal spending by the USA in an attempt to ultimately eliminate debt. On February 28, 2013, the day before it went into effect, I posted the following (see Sequestration looming: What are the ramifications?):
The purpose of sequestration is to reduce the increase of the projected spending deficits for the US government. The cuts were supposed to be so painful that both Republicans and Democrats would simply have to come up with a better debt reduction plan–but such a plan was not be agreed to. For both the Obama Administration and the House Republicans, political considerations are major factors in how they have, and now are, handling this matter.
Yet, even with sequestration or some last minute deal, the total US federal debt will grow.
Did the total federal debt rise?
Certainly.
Notice the following from the US Treasury:
Date Total Federal Public Debt
02/28/2013 16,687,289,180,215.37
01/27/2015 18,095,120,088,870.92
The debt went up over $1.4 trillion after sequestration. Sequestration did not stop the debt from growing.
Now US President Obama wants to eliminate sequestration and increase debt $70 billion more than he would otherwise. Notice a report from CBS:
January 29, 2015
WASHINGTON —President Obama will seek to bust through spending limits for both domestic and defense programs, the White House said Thursday, negating the effects of across-the-board cuts agreed to by both Democrats and Republicans and signed by Mr. Obama into law.
Mr. Obama’s budget proposal to Congress will “fully reverse” the so-called sequestration cuts on the domestic side, while boosting national security programs by an equal amount, the White House said, as Mr. Obama prepared to meet with House Democrats at their annual retreat in Philadelphia. The budget will be “fully paid for with cuts to inefficient spending programs and closing tax loopholes,” but taxpayers will have to wait until the budget is formally released Monday to find out exactly how.
Pentagon documents obtained previously by The Associated Press showed Mr. Obama was expected to ask Congress for a roughly $38 billion boost for defense – an increase of nearly 8 percent, with some slight changes possible. Raising domestic spending by a similar amount would mean Mr. Obama’s budget proposal would be on track to exceed the levels frozen in place by sequestration by about $70 billion.
The brazen proposal from the president, two months after voters booted his party from control of Congress…
“The president believes we should end the era of manufactured crises and mindless austerity,” the White House said in a statement. http://www.cbsnews.com/news/obama-proposes-reversing-sequestration-cuts/
Debt itself is a crisis, and one that should be eliminated. But the White House does not believe others should see it that way.
Biblically, these debt increases are more dangerous than most in the USA realize. Notice what the Bible warns about those who increase debt in the end times:
3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry…5 Indeed, because he transgresses by wine, He is a proud man… 6 “Will not all these take up a proverb against him, And a taunting riddle against him, and say, ‘Woe to him who increases What is not his–how long? And to him who loads himself with many pledges’? 7 Will not your creditors rise up suddenly? Will they not awaken who oppress you? And you will become their booty. 8 Because you have plundered many nations, All the remnant of the people shall plunder you. Because of men’s blood And the violence of the land and the city, And of all who dwell in it. (Habakkuk 2:3,5,6-8).
The USA is in more debt than any country in the history of humanity. Despite biblical warnings, the USA continues to increase its debt and engage in political posturing. At some point in time, the USA will likely start to experience massive inflation and currency devaluation. And afterwards, its creditors will rise up (Habakkuk 2:7)–even some secular sources see a time “when the process is complete and everyone realizes the Emperors of Washington also have no clothes … You will see the dollar crash and burn” (see M&M: What’s ahead for Europe and the US dollar? War in 2020?).
While the Republicans and Democrats have often used debt and later sequestration as a major partisan fight and sometimes treat this like a political game, the reality is that the rest of the world is also watching and is very disturbed by all of this. The Europeans and others are realizing that the USA is losing its position of world leadership–and when it does, this will be the final “time of the Gentiles” that the Bible warns of (Ezekiel 30:2-3; Luke 21:23-24; Revelation 11:2). The leaders in the USA are causing the nation to err (cf. Isaiah 3:12; 9:16).
The policies and decisions in Washington, D.C. are helping to create the conditions for the upcoming European Beast power to fill the void in economic (and even military) leadership that the USA is in the process of making. The Europeans, and others, will watch what the politicians in the USA do in the next week and realize that the USA simply does not have a political system that will allow it to lead the world economically for too much longer.
Economic change is coming, and in several years, those in the USA (as well as their Anglo-allies) will not like the change that is coming.
Some items of possibly related interest may include:
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Information is also in the YouTube sermons titled Where are the Ten Lost Tribes? Why does it matter? and British are the Covenant People. A short YouTube of prophetic interest may be Barack Obama and the State of the Apocalypse.
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermon The Gospel of the Kingdom.
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out ¿Quién es el Rey del Norte? Here is a link to a video titled: The Future King of the North.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic, Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.
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