Of late, President Obama has been imploring lawmakers to embrace "shared sacrifice" to help break the stalemate over the debt impasse while lecturing, "We might as well do it now — pull off the Band-Aid, eat our peas."
But where's the sacrifice from the president? While the rest of America is pinching its pennies, Obama is poised to jet off to a lavish 50th-birthday celebration in Chicago that will double as a fundraiser for his re-election. This party will take place the day after Treasury Secretary Timothy Geithner's arbitrary Aug. 2 debt ceiling deadline. The cost to attend the bash? As much as $35,800 per couple.
Then, later next month, he'll head to the same palatial 28-acre estate he rented last year on posh Martha's Vineyard for a family vacation while most Americans are opting to stay home and save money.
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