Barack Obama actually said...

I hereby certify that the debt subject to limit is within $100,000,000,000 of the limit in 31 U.S.C. 3101(b) and that further borrowing is required to meet existing commitments.

Context

Letter to Congressional Leaders Certifying the Public Debt Limit Increase

01/11/2012

https://www.presidency.ucsb.edu...

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