Nonsense. The ‘mcConnell bill’ will be a simple authorization of more debt.
Nothing illegal or unconstitutional in that.
The president is not required to use all of it (though he will) and it has never been mandatory for him to yse all of it.
It's not that simple. It looks like a debt increase occurring over the objection of a majority of Congress; and if a majority of Congress votes against more borrowing, then Congress can't be found to have exercised its constitutional power to borrow money.
That's okay as far as the debt limit goes, but as I understand it, the deal also includes handing Obama the sole power to choose the deficit reduction items, limited only by Congress needing a 2/3 majority to override his choices.
If Obama eliminates something like business tax deductions as his deficit reduction items, he'll be able to do it without a simple majority in either house of Congress being able to stop him.
That certainly doesn't seem like it fits with the Constitution.