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

Skip to comments.

McConnell: Give Obama new powers on debt limit
Breitbart ^ | July 12, 2011 | Andrew Taylor

Posted on 07/12/2011 1:38:31 PM PDT by La Enchiladita

WASHINGTON (AP) - The top Republican in the Senate proposed on Tuesday giving President Barack Obama sweeping new power to, in effect, unilaterally increase the nation's debt limit to avoid a first-ever default on U.S. obligations. Minority Leader Mitch McConnell, R-Ky., offered a new plan to allow the president to demand up to $2.4 trillion in new borrowing authority by the summer of next year in three separate submissions. Those increases in the so-called debt limit would automatically take effect unless both the Republican House and the Democratic Senate enact legislation specifically disapproving it.

Obama would be able to veto such legislation.

The GOP plan would require that Obama submit spending cuts along with his borrowing requests. But unlike the increase in the debt limit, they wouldn't automatically take effect.

The new mechanism would take the place of the White House debt negotiations between congressional leaders and Obama. Those talks over spending cuts and tax increases have grown increasingly acrimonious.

(Excerpt) Read more at breitbart.com ...


TOPICS: Constitution/Conservatism; Government
KEYWORDS: bhofascism; bloodoftyrants; congress; corruption; cwii; debtceiling; doyourjobmitch; fascism; fraud; govtabuse; mcconnell; mcconnell4mcconnell; mitchmcconnell; rino; socialism; taxes; tyranny; unconstitutional; wearescrewed
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-160 next last
To: La Enchiladita

Boehner better come out totally against this or the GOP could be finished as a political party


41 posted on 07/12/2011 1:49:59 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: La Enchiladita

Mitch just wants to get along with his good “friends” across the aisle.


42 posted on 07/12/2011 1:50:01 PM PDT by radioone (How Can an Obscure Guy Who Did Diddly Squat in the Senate Become President?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: eCSMaster

” The plan is worth considering.

McConnel is no dummy, politically. “

Sorry - “Strategic Surrender” has never been a viable option... At some point, principle, honor, courage, and zeal IN DEFENSE OF THE CONSTITUTION, have to take precedence over political considerations....


43 posted on 07/12/2011 1:50:13 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
[ Post Reply | Private Reply | To 17 | View Replies]

To: La Enchiladita

Mitch needs Midol, Bad!!!!


44 posted on 07/12/2011 1:50:38 PM PDT by Anti-Bubba182
[ Post Reply | Private Reply | To 1 | View Replies]

To: rockinqsranch

Which is Mitch?

45 posted on 07/12/2011 1:51:22 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 7 | View Replies]

To: one Lord one faith one baptism

He must be insane or senile. This is just weird!


46 posted on 07/12/2011 1:51:25 PM PDT by screaminsunshine (Socialism...Easier said than done.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: eCSMaster

I agree.


47 posted on 07/12/2011 1:51:29 PM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
[ Post Reply | Private Reply | To 17 | View Replies]

To: La Enchiladita

Remember when McConnell wouldn’t help defeat Reid? Remember when McConnell did everything possible to keep conservative senators off committees? He’s a wolf in the fold.

Johnson, Rubio, Paul, Lee, Toomey and DeMint should shut the Senate down. No more unanimous consents. No business whatsoever.


48 posted on 07/12/2011 1:51:38 PM PDT by cotton1706
[ Post Reply | Private Reply | To 1 | View Replies]

To: La Enchiladita

FUMM!


49 posted on 07/12/2011 1:52:07 PM PDT by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: eCSMaster

Of COURSE this idea will put the blame on the GOP - and rightly so: the Constitution (remember that?) gives th House the authority to plan the nation’s finances, and we just gave control of the House to the Republicans so they could financially stop Obama in his tracks.

If the GOP turns around and ABDICATES that responsibility given to them, of COURSE they’re to blame!


50 posted on 07/12/2011 1:52:07 PM PDT by Yossarian ("All the charm of Nixon. All the competency of Carter." - SF Chronicle comment post on Obama)
[ Post Reply | Private Reply | To 17 | View Replies]

To: JaneNC

Who would ever think that a little Communist Muslim boy from Jakarta would grow up to bring America to it’s knees from inside the White House?

It is an amazing story.


51 posted on 07/12/2011 1:52:12 PM PDT by PA-RIVER
[ Post Reply | Private Reply | To 2 | View Replies]

To: La Enchiladita

If congress gives him this power, why should he stop at 2.4 trillion?

Nobody trusts the SOB so why would McConnell expect him to stop at 2.4?? Screw it, why not 10.4 trilliion?


52 posted on 07/12/2011 1:52:21 PM PDT by submarinerswife (Insanity is doing the same thing over and over, while expecting different results~Einstein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: wrhssaxensemble
McConnell knows all that. The Supreme Court slapped down Richard Milhouse Nixon for trying that method.

The Democrats agitated to prevent it.

I think all that's happening here is McConnell is baiting the Democrats ~

53 posted on 07/12/2011 1:52:27 PM PDT by muawiyah
[ Post Reply | Private Reply | To 3 | View Replies]

To: wrhssaxensemble

We the people do not have standing.......McConnell and ALL of the republican leadership are socialists......all of them........

The Republican Party is dead, and now the socialists are gonna push hard to close the deal to kill our country....


54 posted on 07/12/2011 1:52:27 PM PDT by stockpirate (Republicans that vote for socialism, support socialists are socialists.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: La Enchiladita
They might as well make the debt-ceiling $100 gazillion dollars. This proposal effectively does away with any meaningful debt limit and does nothing to control spending.

So, it makes the democrats own the deficit? They own it now, and they don't care!

Okay, it doesn't raise taxes, but they'll tackle that one another day. The new debt-ceiling is the touchdown- the tax increase is the extra point.

55 posted on 07/12/2011 1:52:35 PM PDT by Repealthe17thAmendment (Is this field required?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: La Enchiladita

Can you tell me where to find... where to find a real opposition party??


56 posted on 07/12/2011 1:52:43 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: nathanbedford

The South will rise again. Yee Haw!


57 posted on 07/12/2011 1:53:06 PM PDT by screaminsunshine (Socialism...Easier said than done.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: nathanbedford

NB—you nailed it.

Obama wins.

The GOP is painted as losers—AGAIN.

The GOP splits—just when we need to unite to get rid of Obama.

Obama wins again in 2012.

And all Obama had to do was lie and threaten that the SS checks would not go out and the military won’t get paid.

Remember this date July 12, 2011—this is a watershed moment- the political class in DC has been completely unmasked—the two party cabal has spoken—and the looting of America will continue.

The Democrats area criminal enterprise, aided and abetted by the GOP.


58 posted on 07/12/2011 1:53:21 PM PDT by exit82 (Democrats are the enemy of freedom. Sarah Palin is our Esther.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: La Enchiladita



This would not be the first default, if default does indeed happen.

Also, Obama would have to choose default, if the limit is not raised.

He could certainly not choose default on the debt and choose to cut entitlements, instead.

It is the Democratic Party's choice...default or face REALITY.



59 posted on 07/12/2011 1:53:49 PM PDT by jacknhoo (Luke 12:51. Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: smoothsailing

Does he have to jump out of your computer and hit you in the head with a bat?


60 posted on 07/12/2011 1:54:36 PM PDT by screaminsunshine (Socialism...Easier said than done.)
[ Post Reply | Private Reply | To 31 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 141-160 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