Yeah, that leverage has worked REAL well so far. Why, if their "leverage" were undercut, who knows what spending might be. It might even zoom out of control.
Obama says on debt ceiling: he won’t play that game.
The GOP will cave. They don’t want the fiscal cliff to be blamed on them. Elections have consequences.
Best solution — do nothing
Once upon a time, it would’ve been political suicide to even think about asking for such dictatorial powers. Amazing how things have changed.
Wouldn’t this be unconstitutional to start with?
Why are they even acknowledging it. They should ignore the demand or laugh it off. It is not worth passing resolutions
So he’ll take it anyway.
Who’s going to stop him?
“last year’s bruising debt limit fight, which unnerved markets and led to the loss of the nation’s top-tier credit rating.”
Yeah, that was the cause. Liars.
When Bronc0 bammie says “we must have a balanced approach” the responsse should be: “we agree, and want to balance spending and taxes, as a start”
In the end... we know what will happen... the GOP will cave.
But Americans will still blame them anyway when the economy tanks further.
I’ll bet the Republicans and Boehner will posture for the cameras and then do nothing if Obama just seizes this power for himself.
To anyone suggesting this is a valid concern, the understanding of our nation’s laws and legal framework is obviously lost to you. Go back and read the Constitution of the United States of America.
ALL laws regarding the financing of the government MUST originate in the House of Representatives. That’s one of the reasons why Obamacare is so treasonous: it originated as a Senate bill. That’s not how things work. If Obama is given the ability to do anything unilaterally, then every Representative who votes to give him that power is summarily in dereliction of their duty to the oath they took upon taking office and should be executed or imprisoned for doing so.
All that being said, we live in a banana republic, and if it does happen, it’ll be cloak and dagger type shit that will pass by a narrow margin and we truly will live under a dictatorship.
Obama’s already violated the War Powers act by his assignment of troops in Libya and elsewhere. Going over the head of Congress would not only be impeachable but should immediately cause a streak of brown to form in the pants of every lawyer in this nation, as their ability to do anything will have been ceded to the minds of magistrates and judges appointed by “The Won.”
I’m ready for CWII, folks. I hope you are prepared, physically and spiritually, for what’s coming.
We can be sure that Boehner will follow Obama on every point; after all he can say OH voted for Obama. There may be no formal ceding of the debt limit, but informally, it’s a done deal under Boehner.