[Cboldt]

You are correct that both the House and Senate have to agree. I mistook your comment as being one of "origination."

Obama would sign a 50 trillion increase in debt limit. I can't imagine a president not agreeing to a debt increase.

[Deagle]

Okay, unfortunately like you I can’t believe that this President would not agree to an increase in the debt limit!

Wishing for another time and another President!