Skip to comments.House votes to push debt limit deadline to mid-May
Posted on 01/23/2013 11:35:19 AM PST by John W
The House of Representatives authorized a suspension of the nations debt limit through mid-May, delaying a default on the governments obligations that would have taken effect in February.
The GOP-controlled House voted 285 to 144 to comfortably pass a three-month extension in the governments borrowing authority just as Senate Democratic leaders suggested they would take up and pass the legislation as soon as they could.
The vote early Wednesday afternoon by the House would forestall a default on the national debt. The Treasury Department had warned that the government would exhaust its authority to borrow to finance its existing obligations by the middle of February.
(Excerpt) Read more at firstread.nbcnews.com ...
That's what I got out of it after reading 3 articles from various conservative publications.
They didn't raise it to 17.8 trillion. They didn't put a limit on it at ALL. Just what Obama demanded, that he have control of the debt limit.
Hope I'm wrong, REALLY hope so. But I don't think I am.
House votes to Allow Obama to Enslave our Children in DEBT, unobstructed until May.
There fixed title.