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To: CNSNews

They always forget the “authorized by law” part. If the debt is not authorized by law, that is we have more debt than the debt ceiling that the law established, that can be defaulted.


2 posted on 07/13/2011 1:09:13 PM PDT by antiRepublicrat
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To: antiRepublicrat

It was authorized bylaw when the GOP caved and passed the continuing resolution back in April.


8 posted on 07/13/2011 1:20:22 PM PDT by wolfman23601
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