Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It's a trap and quite a clever one because if he takes the offer then it will be used against him in the election. "Obama raised the debt ceiling 20 gazillion dollars...blah, blah".
If he declines which I suspect is what will happen he's going to be seen as not wanting to take responsibility for it.
Either choice he loses... LOL.
Exactly. I can't believe the Left thinks this might be a good thing for obama.
Exactly. I can't believe the Left thinks this might be a good thing for obama.
It is not a good thing, but the alternative is catastrophic. The sides will not come to an agreement. Remember though, this rule would be in place when and if you have a Republican President.
I don't go for the idea. I understand the political strategy behind it - but debt is debt, and it ain't political.
I say play within the system. Stick to your viewpoints. Maybe the right should have offered tougher terms in the beginning and then negotiate back to their standard.
It is also unconstitutional. This is Congress' job. Do not set the precedent of passing unconstitutional laws just because it MAY be politically expedient.
"The plan that we are reading reports about today is a serious walk back from that position and would seemingly trade the leverage needed to achieve reforms in return for political gains.
If Republicans in Congress believe they cannot strike a real deal with President Obama, they should begin making serious plans to live under the confines of a de facto balanced budget come August 2.â€
"The plan that we are reading reports about today is a serious walk back from that position and would seemingly trade the leverage needed to achieve reforms in return for political gains.
If Republicans in Congress believe they cannot strike a real deal with President Obama, they should begin making serious plans to live under the confines of a de facto balanced budget come August 2.â€
Congress would write a law that requires the president to submit to Congress a request to raise the debt ceiling three separate times before the 2012 election, totaling $2.4 trillion dollars to cover the government's obligations.
If McConnell's idea is unconstitutional so then is the debt limit itself, since it was enacted in 1917 for the very exact reason, so that the Treasury Department didn't have to seek Congressional approval for the issuance of each series of war bonds.
Exactly. I can't believe the Left thinks this might be a good thing for obama.
It's not particularly good for Obama, but it may be good for America, to have the GOP stand up to the TParty.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
