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McConnell: Give Obama new powers on debt limit
Breitbart ^ | July 12, 2011 | Andrew Taylor

Posted on 07/12/2011 1:38:31 PM PDT by La Enchiladita

WASHINGTON (AP) - The top Republican in the Senate proposed on Tuesday giving President Barack Obama sweeping new power to, in effect, unilaterally increase the nation's debt limit to avoid a first-ever default on U.S. obligations. Minority Leader Mitch McConnell, R-Ky., offered a new plan to allow the president to demand up to $2.4 trillion in new borrowing authority by the summer of next year in three separate submissions. Those increases in the so-called debt limit would automatically take effect unless both the Republican House and the Democratic Senate enact legislation specifically disapproving it.

Obama would be able to veto such legislation.

The GOP plan would require that Obama submit spending cuts along with his borrowing requests. But unlike the increase in the debt limit, they wouldn't automatically take effect.

The new mechanism would take the place of the White House debt negotiations between congressional leaders and Obama. Those talks over spending cuts and tax increases have grown increasingly acrimonious.

(Excerpt) Read more at breitbart.com ...


TOPICS: Constitution/Conservatism; Government
KEYWORDS: bhofascism; bloodoftyrants; congress; corruption; cwii; debtceiling; doyourjobmitch; fascism; fraud; govtabuse; mcconnell; mcconnell4mcconnell; mitchmcconnell; rino; socialism; taxes; tyranny; unconstitutional; wearescrewed
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An aide to House Speaker John Boehner, R-Ohio, said Boehner shares McConnell's concerns about the lack of progress in the talks. A spokesman for House Majority Leader Eric Cantor, R-Va., said Cantor feels that the McConnell proposal could be helpful.

Th-th-th-that's all, folks!!!

1 posted on 07/12/2011 1:38:38 PM PDT by La Enchiladita
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To: La Enchiladita

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO


2 posted on 07/12/2011 1:39:16 PM PDT by JaneNC (es.)
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Comment #3 Removed by Moderator

To: La Enchiladita

If this is true, “The Gobbler” along with many other RINO’s will be a goner. Period.


4 posted on 07/12/2011 1:41:57 PM PDT by tennmountainman
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To: La Enchiladita

McConnell is a yellow RINO. He should go back in the closet.


5 posted on 07/12/2011 1:42:05 PM PDT by Rapscallion (Where did the civil and rational Ameica go?)
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To: La Enchiladita

this is a bad dream, please tell me i am dreaming!!!!!

well, i guess they don’t call the GOP “the stupid party” for nothing.

where is my third party application........


6 posted on 07/12/2011 1:42:13 PM PDT by one Lord one faith one baptism
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To: La Enchiladita

Somebody spikin’ the water coolers with idiot juice!?


7 posted on 07/12/2011 1:42:19 PM PDT by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: La Enchiladita

At face value, this sure seems like something brain dead McConnell would do.

I have my fingers crossed that I’m wrong.


8 posted on 07/12/2011 1:42:25 PM PDT by VeniVidiVici ("Si, se gimme!")
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To: La Enchiladita

I’m hoping there’s a mistranslation here, but if this is true then IDIOTIC is the only term I can think of that describes this move.


9 posted on 07/12/2011 1:42:25 PM PDT by conservativepoet (The chief aim of order within Christianity is to make room for good things to romp and play.)
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To: La Enchiladita

Looks like it’s time for a pitchfork march on Washington....
McConnell - Cantor... on the list they’ve got to go!


10 posted on 07/12/2011 1:42:47 PM PDT by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: La Enchiladita
"McConnell: Give Obama new powers on debt limit"


11 posted on 07/12/2011 1:42:57 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: La Enchiladita
Oh my God, McConnell has just handed Obama the election, he has ruptured the Republican Party and guaranteed a third-party, tea party, candidacy-a candidacy which I will support.


12 posted on 07/12/2011 1:43:20 PM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: La Enchiladita

It’ll NEVER HAPPEN........


13 posted on 07/12/2011 1:43:33 PM PDT by shield (Rev 2:9 "Woe unto those who say they are Judah and are not, but are of the synaGOGue of Satan.")
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To: La Enchiladita
goodbye America. You were so young when the RINOS gored you to death.
14 posted on 07/12/2011 1:43:41 PM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: La Enchiladita

” Th-th-th-that’s all, folks!!! “

All Hail King Obama!!!!!!


15 posted on 07/12/2011 1:43:41 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: All

The 2012 Conservative Battle For America
Has Begun In Ernest
Your Monthly and One Time Donations
Help To Keep FR In The Fight !!
Donate By Clicking Here!!

16 posted on 07/12/2011 1:43:45 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: JaneNC
Before you knee-jerks get your panties in a twist, think about McConnels plan: It dumps the whole issue in Obama's lap.

The media can't blame the Republicans. The Demos can't blame the Repubs.

No tax increase is authorized.

The plan is worth considering.

McConnel is no dummy, politically.

17 posted on 07/12/2011 1:44:19 PM PDT by eCSMaster (We will fight for America and it starts here in Madison, WI. It starts here. It starts now.)
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To: La Enchiladita
Completely insane. WTH is this so-called republican thinking?
18 posted on 07/12/2011 1:44:19 PM PDT by mad puppy (Obama Care is a 'Giffen Good'.)
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To: La Enchiladita

Yeah, it will help Obama get the win in 2012


19 posted on 07/12/2011 1:44:30 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: La Enchiladita

Hmmm. Any chance we could get some *men* in the Congress, not these pathetic wusses?


20 posted on 07/12/2011 1:45:10 PM PDT by Antoninus (What part of "I won't vote for Romney under any circumstances" don't you understand?)
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