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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks Libloather.
The legislation broadly re-opens the government through Jan. 15, and extends the ability of the government to borrow money through Feb. 7. It does so by allowing President Obama to waive the debt ceiling, a move that can be overridden by a resolution of disapproval by Congress that Obama could still veto.
IOW, this all starts again in January or February.


20 posted on 10/16/2013 4:56:38 PM PDT by SunkenCiv (It's no coincidence that some "conservatives" echo the hard left.)
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To: SunkenCiv

Yeah, that will come after the Christmas Eve announcement that amnesty has been granted. So...in that case...who cares anymore?


28 posted on 10/16/2013 5:05:58 PM PDT by dforest
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To: SunkenCiv
It does so by allowing President Obama to waive the debt ceiling, a move that can be overridden by a resolution of disapproval by Congress that Obama could still veto.

In other words, Senator Mitch McConnell gave away what is the House's prerogative. No wonder Harry Reid was willing to give him $2 billion for his damn dam...

And, if I'm not mistaken, this is the second time Mitch has tried to pull this trick.

How can the House possibly stand for this?

34 posted on 10/16/2013 5:23:15 PM PDT by okie01 (The Mainstream Media: Ignorance On Parade)
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To: SunkenCiv

IOW, this all starts again in January or February.

On January 15, the second phase of the sequester cuts kick in. The date is set so that the left can end the sequester cuts which are now a matter of law. The public knows little or nothing about why these dates were chosen. Strategically the dates are set so that the Obama crowd will have a chance to end the sequester cuts in the next set of debt ceiling negotiations.This is another RINO sell out.

They should have kicked the can down the road for a year to assure that the sequester would continue.

This outcome was horrible, thanks to the MSM. The deck is also stacked against future House interference in raising the debt ceiling.


46 posted on 10/17/2013 2:33:57 AM PDT by Candor7 (Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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