If yes, then the REPUBLICANS just declared that Obama has the complete power of the purse for 3 entire months. A huge violation of the principles of the Separation of Powers, and probably an unconstitutional delegation of a power to the executive branch.
Are there any restrictions on Executive power here at all? What is going to stop the Obama Administration from borrowing as much money over the next three months so that he never needs to ask Congress for money ever again?
“Are there any restrictions on Executive power here at all? What is going to stop the Obama Administration from borrowing as much money over the next three months so that he never needs to ask Congress for money ever again?”
You’ve already answered your own questions.
The gop. Our Conservative Friends.
/sarc
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.