I am just asking, are you sure about this?
What if Obama waves his magic wand and by EO or EA orders his Secretary of the Treasury (who ever that may be) to start selling all of those bonds that have been purchased under QE3. This is not appropriated money, but money that the treasury has tied up in the stock market.
How many billions of dollars is this in fake phoney QE money ?????
I would not anything past this Mooslim goat humper who is trying to destroy America. Acomplish two things, crash the market and bring down the house.
Two bills must be passed for the government to spend money, an appropriation bill and an authorization bill. Not completely sure how this would work in the case of selling bonds but it would seem that an authorization bill would be required or the funds would go to the Treasury, not to some specific program(s).