McConnell: Give Obama new powers on debt limit:
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.
McConnell unveils debt limit ‘Plan B’
The first part of the plan would entail Obama submitting a request to Congress to raise the debt ceiling by $700 billion ahead of the Aug. 2 deadline. Then, Congress could pass a resolution of disapproval; the president could either sign it or veto it, McConnell said.“Presumably, he would veto it,” McConnell continued. “If that were the case, that veto would be sustained by one-third-plus-one in either the House or the Senate.”
The second debt-limit request, for $900 billion, would then likely come in the fall of 2011 and would follow the same procedure, McConnell said. The third, another $900 billion increase, would come in the summer of 2012 and would lift the debt ceiling through the end of the year.
This is "leadership?" Who's side is this guy on?
-PJ
NAME OF REPUBLICAN SENATOR WHO ALLEGEDLY CALLED FREEDOMWORKS SUPPORTERS ‘TRAITORS’ (UPDATE)
http://www.freerepublic.com/focus/f-news/3076253/posts
http://www.freerepublic.com/focus/f-news/3076253/posts?page=70#70
Obama wants to make the debt ceiling an issue as Mark Levin described.
Levin pointed out it was all planned. I found this video from Sept 23, so it was BEFORE the Oct 3 radio program. Levin lays it out:
Mark Levin REVEALS the brazen unconstitutional assault Obama is planning…
http://therightscoop.com/mark-levin-reveals-the-brazen-unconstitutional-assault-obama-is-planning/
Link to the audio for the Mark Levin Oct 3 clip about his theory.
The End of the United States of America
http://markamerica.com/2013/10/04/the-end-of-the-united-states-of-america/