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POTUS can raise debt limit

By: weco in FFFT | Recommend this post (0)
Sun, 03 Jul 11 11:13 PM | 48 view(s)
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Msg. 30392 of 65535
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http://www.foxnews.com/politics/2011/07/03/cornyn-obama-bypassing-congress-on-debt-limit-is-crazy-talk/

Cornyn says this is "crazy talk" but actually it makes a lot of sense.

Congress has clear authority over what the federal government spends. But it can't limit the President's ability to pay for what has already been authorized.


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