Posted on 05/11/2023 6:25:42 AM PDT by ChicagoConservative27
Treasury Secretary Janet Yellen, staring down a U.S. default if Congress does not reach a deal to raise the debt ceiling, argued on Thursday that the country should find a new way to avoid similar showdowns in the future.
“Personally, I think we should find a different system for deciding on fiscal policy,” Yellen said at a G7 meeting in Japan, according to The Associated Press, when asked about the debt ceiling.
Yellen, who stressed it was her personal opinion and not that of President Biden, floated the idea that Congress could repeal the debt ceiling entirely. Or the president could raise the debt ceiling, she added, with lawmakers having the ability to veto the decision.
(Excerpt) Read more at thehill.com ...
Yellen says ‘different system’ needed.
Yeah she isn’t in it nor her party it’s how this chaos got started.
Chimps in a china shop
Yes lets change the constitution by decree. 😆
Yellin is as astute as Fetterman/DementedBiden/Feinstein
Here’s an idea. Why not go back to the system where Congress...you know...actually passes budget items each year that the president signs. These endless continuing resolutions are a joke.
Fixed it for them.
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