Posted on 01/05/2013 5:30:57 AM PST by Olog-hai
House Minority Leader Nancy Pelosi (D-Calif.) said Friday that she would raise the debt limit unilaterally in a second if she were president of the United States.
Pelosi and other Democrats have suggested that the president could bypass Congress and unilaterally raise the debt ceiling by invoking the 14th Amendment of the Constitution, which states, The validity of the public debt of the United States shall not be questioned.
The next battle in Congress will be raising the debt ceiling, after the deal to avert the fiscal cliff failed to address the borrowing limit. President Obama said he will not negotiate on raising the debt ceiling, while Republicans have insisted on matching any raise with greater spending cuts.
Although the U.S. officially hit its debt limit of $16.394 trillion on New Years Eve, Treasury Secretary Timothy Geithner is imposing extraordinary measures to stall exceeding the debt ceiling until Feb. 28, giving Congress not much time to foster an agreement.
(Excerpt) Read more at cnsnews.com ...
Nanny Pelosi - another dead end on the evolutionary tree of mankind.
She’s a wreath.
Section 5 of the 14th amendment states:
“The Congress shall have the power to enforce, by appropriate legislation, the provisions of this article.”
The President is given no authority to over ride the Congress.
Yet the American people still think everything is a okay, there will be civil war, it’s already started, the Democrats are trying to usurp the laws of God with the laws of men, God will win!
Are ANY of these”People”aware of The US Constitution?
They’re aware of it, they just don’t care for it.
Any Republican voting for raising the debt ceiling should be written off as a Democrat vote, and they are closer to Pelosi’s views then being a fiscal conservative.
The scumbag rats will do anything to make sure they have the loot to continue buying the votes of their moocher base.
I really liked the “trillion dollar coin” idea.
imagine the financial obligations of the US being guaranteed by the full faith and credit of ....
Nancy Pelosi
or Harrison J Bounell
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