gave him 4 Pinocchio's http://www.theblaze.com/stories/2013/09/19/obama-fails-washington-post-fact-check-for-this-debt-ceiling-attack-on-republicans/ President Barack Obama in a speech to business leaders Wednesday said Republican efforts to attach non-budget items to an increase in the nation’s debt limit are unprecedented. “You have never seen in the history of the United States the debt ceiling or the threat of not raising the debt being used to extort a president or a governing party and trying to force issues that have nothing to do with the budget and nothing to do with the debt,” President Obama said. Obama Hammered by the Washington Post for Bogus Debt Ceiling Claim The Washington Post fact-checker awarded the president four Pinocchios for his false claim. He is referring specifically to Republican attempts to attach a delay in the implementation of the Affordable Care Act to an increase in the debt ceiling. The president later explained Thursday that raising the debt ceiling doesn’t actually increase the debt. “[R]aising the debt ceiling, which has been done over a hundred times, does not increase our debt,” President Obama said. “It does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up, Congress.” “It’s a basic function of making sure that the full faith and credit of the United States is preserved,” he added.