[sand88]

so, for instance, if Obama decided to just go ahead and try to issue ten trillion dollars of new debt between now and February, Congress could put the brakes on that

So, you would be happy if Obama decided to issue 10T in new debt? The odds are near zero that Congress would get 2/3rds to override his veto.

You seem quite excited about Obama having this power?

Do you not understand the utter evil of shifting this power (to issue new debt) to the President?

I guess your Pals at the DUmp are excited.

This provision is pure evil and anyone who believes it is no big deal is either an idiot or evil themselves.

[ncalburt]

I suspect the Rnc and Mitchy ‘s aides are trying to limit the damage to him by lying here !

[Conscience of a Conservative]

No, of course I don’t want him to have that power. But, this provision doesn’t GRANT him that power - the debt ceiling increase itself does. This provision theoretically grants Congress the ability to stop him from doing so. It’s a meaningless provision (since, as you say, the chances of this congress stopping him with a 2/3 majority are slim to none). But this provision is not the harmful one here - the harmful provision is the debt ceiling suspension itself.