House votes to push debt limit deadline to mid-May

nbcnews.com ^ | January 23, 2013 | Michael O'Brien

[John W]

The House of Representatives authorized a suspension of the nation’s debt limit through mid-May, delaying a default on the government’s obligations that would have taken effect in February.

The GOP-controlled House voted 285 to 144 to comfortably pass a three-month extension in the government’s borrowing authority just as Senate Democratic leaders suggested they would take up and pass the legislation as soon as they could.

The vote early Wednesday afternoon by the House would forestall a default on the national debt. The Treasury Department had warned that the government would exhaust its authority to borrow to finance its existing obligations by the middle of February.

[HeartlandOfAmerica]

Do I understand this article correctly? Did the Republicans just say that there is no national debt limit at all for the next three months? Did the Republicans just say that Obama Can borrow as much money as he wants without any further consent from Congress?

That's what I got out of it after reading 3 articles from various conservative publications.

They didn't raise it to 17.8 trillion. They didn't put a limit on it at ALL. Just what Obama demanded, that he have control of the debt limit.

Hope I'm wrong, REALLY hope so. But I don't think I am.

[eyeamok]

House votes to Allow Obama to Enslave our Children in DEBT, unobstructed until May.

There fixed title.