Skip to comments.House rejects debt limit hike in protest vote
Posted on 01/18/2012 2:10:16 PM PST by mdittmar
The House of Representatives voted to reject a $1.2 trillion increase in the federal debt limit on Wednesday in a largely symbolic vote aimed at staking out election-year positions on government spending.
The House voted 239 to 176 along party lines in favor of a "resolution of disapproval" against the increase sought by President Barack Obama, but the the winning tally was far short of the number needed to override an Obama veto
(Excerpt) Read more at reuters.com ...
Article I Section 9 Clause 7: No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.
Well, at least we will descend into dictatorship by democratic means, in accordance with our Constitution of course.