With the debt limit its unclear how it plays out. Treasury decides what to fund?
I have a pretty good idea how the debt limit refusal by the GOP plays out (Bing for the links).
Harry Reid Would Back Obama If He Bucks GOP On Debt Ceiling: Source
The Debt Ceiling: Why Obama Should Just Ignore It
June 24, 2011
posted on 01/08/2013 6:33:18 AM PST
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
Those lib sources you referenced suggest that O just ignore congress and debt limit law and use some loophole to continue funding spending that was already passed into law.
Right now they are all on TV using the ‘tell the GOP not to default on our debt’ lines to get as much milage out of that as they can.
Technically they have a partial point, the House while they sometimes feel its at gunpoint, passes tax and spending bills that creates or at least adds to the deficit, but they also inherit tax and spending bills from past congresses which they cannot repeal by themselves that also adds to the deficit.
In the end like the other fights this will like the others end based on which side most voters support, even if that is not a reality many here wont accept,
posted on 01/08/2013 6:49:06 AM PST
(Losing to O is NOT a principle!)
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