Has the House been approving the trillions in debt that Baraq, Bernanke, and Geithner are creating?
Why would Baraq need the Congress to allow the states to do the same thing?
Because such a bill to guarantee the debts of a State would have to originate in Congress. The Preaident can’t order the Treasury to do anything not already budgeted and appropriated by Congress.
And not even Boehner is stupid enough to try to ram such a Bill through the House.