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Re: POTUS can raise debt limit  

By: ribit in FFFT | Recommend this post (1)
Mon, 04 Jul 11 9:36 AM | 57 view(s)
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Msg. 30398 of 65535
(This msg. is a reply to 30392 by weco)

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weco
...wrong again. Anything not in the new budget is unbudgeted.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
POTUS can raise debt limit
By: weco
in FFFT
Sun, 03 Jul 11 11:13 PM
Msg. 30392 of 65535


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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