Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

New backup plan would let Obama raise debt ceiling without congressional OK
Chicago Tribune ^ | 07/14/2011 | Lisa Mascaro

Posted on 07/14/2011 6:33:51 PM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081 next last
To: Principled
"A plan by the Senate's two top leaders to allow President Obama to raise the debt limit without congressional approval is emerging as the most likely strategy to avoid a looming federal default. "

Acording to the Chicago Tribune, no Congressional approval will be needed. It will be done by executiive order with the assent of the leaders of both Congressional houses.

Third Party is definitely in. And Palin will declare.

61 posted on 07/14/2011 7:34:59 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 54 | View Replies]

To: Candor7

NO WAY...the House holds the purse strings...it has to pass the house...


62 posted on 07/14/2011 7:35:52 PM PDT by shield (Rev 2:9 "Woe unto those who say they are Judah and are not, but are of the synaGOGue of Satan.")
[ Post Reply | Private Reply | To 49 | View Replies]

To: WOSG

I disagree that “no increase” means default or ratings devalued. Just the opposite... if we increase the debt limit, our inability to control spending is sealed in the eyes of the raters. As long as we continue to pay the interest on the debt, our ratings should remain solid. That is of course unless Moodys is just as hacked as the democrat party is, in which case it’s only a matter of time when that hammer falls.

Keeping the debt ceiling where it is forces dems to make the cuts they don’t want to make.
If democrats want to raise the limit, let them take back all 3 branches first... but lets not let them kill this country and point their finger at the smoking gun being held by republicans.

Call their bluff.


63 posted on 07/14/2011 7:38:55 PM PDT by Safrguns
[ Post Reply | Private Reply | To 56 | View Replies]

To: shield

This is a crisis ( a false one at that.)No time to have it debated in both houses. Getting it yet?

We are truly seized by a liberal fascist government.

Few have faced it. I did in 2007.I saw what Obama had done in Kenya and examined it very closely.

Good Read:

http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html


64 posted on 07/14/2011 7:39:31 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 62 | View Replies]

To: Candor7
"The McConnell Plan will not require it to pass the House , thats the point. "

That is absolutely UNTRUE.

65 posted on 07/14/2011 7:41:27 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 49 | View Replies]

To: Candor7
Acording to the Chicago Tribune, no Congressional approval will be needed.

No congressional approval will be needed for certain specific debt ceiling increases IF THIS PLAN PASSES BOTH HOUSES and is signed. IIRC it's 3 increases totaling 2.5 million in the next 18 months... but don't remember that part too well.

That's how i get it.

66 posted on 07/14/2011 7:45:46 PM PDT by Principled
[ Post Reply | Private Reply | To 61 | View Replies]

To: Hojczyk

Are you going to invite me over? I’ll bring the chips.


67 posted on 07/14/2011 7:46:21 PM PDT by JimmyMc
[ Post Reply | Private Reply | To 20 | View Replies]

To: Mariner

You think it is UNTRUE?I too know that the connstitution requires as you say BUT, its not politics as usual, and in a crisis , the president must act, assuming poower under the 14th amendment (sic).

Explain the Chicago Tribune report:

Under the emerging proposal, Obama would be able to order increases in the debt ceiling on his own, without congressional approval.

Congress would vote on legislation to block an increase, but if such a resolution passed, as is likely, Obama would veto it. If the veto was sustained by Congress, the debt limit would be increased.”

AND:

14th amendment spin:

http://www.huffingtonpost.com/2011/07/07/frank-dismisses-14th-amendment-option_n_892492.html

This is the way its going. Its a CRISIS you see.Saul Alinsky style. Fascists are running America.


68 posted on 07/14/2011 7:54:34 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 65 | View Replies]

To: SeekAndFind

They must keep those “women’s jobs” (and the jobs of their dirty old bosses) supported with lots of funny money to locales from Uncle Samantha. It’s a bipartisan effort, but no one’s supposed to notice that.


69 posted on 07/14/2011 7:56:15 PM PDT by familyop (Rome was burned in a day--twice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Principled

You need to get it more.

http://reason.com/blog/2011/07/12/mcconnell-i-dont-know-constitu


70 posted on 07/14/2011 8:03:41 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 66 | View Replies]

To: Candor7

How can Mitch just decide that he’ll let obama do this?

Can anyone just decide that they’ll let obama do this?

Or, is there some mechanism to formalize letting him do this?

So, what mechanism is going to allow obama to do this? His presser?

It’s got to be something Candor. What is the facilitating mechanism?


71 posted on 07/14/2011 8:09:32 PM PDT by Principled
[ Post Reply | Private Reply | To 70 | View Replies]

To: shield

The constitution is being ignored FRiend.

Thats the point.

http://reason.com/blog/2011/07/12/mcconnell-i-dont-know-constitu


72 posted on 07/14/2011 8:09:43 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 62 | View Replies]

To: Principled

Mechanism?

Presidential exewcutive order and the 14th amendment aloong with the acquiesence of both Congressional House leaders.

Its a crisis ( a false one created to expand Obamas fascist dictatorial powers.)

It is impeachable IMHO.

Watch Obama’s news conference tommorow morning,and you will see the truth of these predictions.

Its pretty much covered here:

http://reason.com/blog/2011/07/12/mcconnell-i-dont-know-constitu


73 posted on 07/14/2011 8:13:34 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 71 | View Replies]

To: Candor7

What you’re saying is that nothing is changing - they’re just deciding to try this out?


74 posted on 07/14/2011 8:14:55 PM PDT by Principled
[ Post Reply | Private Reply | To 73 | View Replies]

To: SeekAndFind
Photobucket

75 posted on 07/14/2011 8:15:50 PM PDT by Dick Bachert (The 2012 election is coming. Seems we have MORE TRASH TO REMOVE!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Principled

Obama will announce in his news conference tommorrow that he will save the nations from default, and exercise dictatorial power to do so under the 14th amendment.

Congress will meet the “crisis” by abdicating its budget authority, according to Boehner and Harry Reid, agreeing to a “negotiated package” for increased debt ceiling and token spending cuts.

This is impeachable treason IMHO.

It means the ruination of America. It also means the end of the GOP, splitting the party, and assuriung that Sarah Palin will declare.Its Two by Tea, and One by Treason.

The country club GOPers have decided to keep their elitist culture and trash the country.Its up to conservatives to save the Republic, if we can.

The entire conservative movement has just been trashed.


76 posted on 07/14/2011 8:28:52 PM PDT by Candor7 (Obama fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
[ Post Reply | Private Reply | To 74 | View Replies]

To: Paladin2

I’m expecting more from my leaders.....


77 posted on 07/14/2011 8:30:32 PM PDT by cherry
[ Post Reply | Private Reply | To 4 | View Replies]

To: Candor7
"Under the emerging proposal, Obama would be able to order increases in the debt ceiling on his own, without congressional approval."

Only, and I stress ONLY if both houses of Congress first approve such proposed law.

Sheesh. Read it.

78 posted on 07/14/2011 8:50:47 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 68 | View Replies]


Stay Free! Donate to Free Republic!
For every New Monthly Donor, an anonymous FReeper is donating $10.00!!
Please take this generous offer into consideration!

79 posted on 07/14/2011 8:52:32 PM PDT by RedMDer (Abolish FReepathons. Be a monthly donor.)
[ Post Reply | Private Reply | View Replies]

To: bwc2221
wasn't he just reelected in the last election (2010)? SO HE IS A GO UNTIL 2016???

HE HAD A 53% VOTE APPROVAL IN THE LAST ELECTION. He will be 70 years old come Feb. 20th 2012...term limits are needed very badly...

80 posted on 07/14/2011 9:38:38 PM PDT by haircutter
[ Post Reply | Private Reply | To 21 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-8081 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson