Skip to comments.Senate Debt Deal Includes Provision Lessening Congress' Power On Debt Ceiling
Posted on 10/16/2013 4:49:51 PM PDT by Perdogg
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Good grief, it’s gotten enough votes to pass and Republicans are STILL voting for it!
Looks like 88 Rs as thre vote ends.
Thanks Perdogg, missed this one.
Yep, GOP leadership makes sure that the debt limit cant be used again by House to demand stuff (cuts) from Obama.
How about the next CR?
Bet they blow that one off without much notice too.
My prediction is that this shutdown and debt limit standoff was the one bullet that GOP conservatives will get this congress from GOP leadership and its been fired.
Next one is simple. Elect new GOP leadership, but that requires those willing to be leaders.
It is not unlimited spending by Obama, it is a deal to split the money raised by the debt ceiling between the two. The Dem and GOP E parties skim the “profit” off the top for pet proposals. They do this in lieu of raising taxes (not popular) or heating up the economy (people who are working are independent not dependent on the gov). Both elites win and remember in the words of Arkansas convert Tim Griffin - the only problem with DC is that the government doesn’t have enough money. He also said at a Tea Party meeting last year that the Dems and the GOP have the same goals for the country.
As Merle sings “are we headed downhill like a snowball headed for hell?”
John Cornyn (RINO-TX) voting NO with Ted Cruz when it’s finally safe for him to do so. What a quisling...
285 of them need to go for sure.
“Mark Levin was talking about this...if true, this is the ultimate betrayal by Mitch McConnell...”
What uses is a party that shoots itself and its posterity.
No, I play piano in a whorehouse. Working for congress would be sleazy.
HOR is just an alternate spelling, but they ain’t got no piano. LOL
They ain’t there to cause no trouble, they are just there to do the sleazy shuffle-with out music-they call it Kabuki Theater. It’s like the Romans-bread and circuses.LOL
Simple: the Fed could create as much money as it wished and purchase an unlimited face value of Treasury bonds from the U.S. Treasury. This could be priced at prevailing rates and transacted in an afternoon. It seems to be a distinct possibility.
Republicans: The Other Democrats...
Quoth that man from Illinois: “...so that government of the government, by the government, and for the government shall not vanish from the face of the earth”
In 1863 when President Lincoln gave the Gettysburg Address the Earth was a different place....
I hope you guys/gals are right.
Your second sentence above must be added to the power to acquire revenue (raise revenue). Seldom will there be the notion "let's just raise a billion dollars" without some reason attached for doing so, even if it's simply "let's raise a billion to have sitting in an account." The purpose is: "to have sitting in an account" in that instance.
And, the power to block any other use of that money is, as you say, contained in the requirement that the Senate and House must agree on any bill going forward.
So far as my comment that "disbursing funds" is the domain of the House, I would have to agree with you in terms of the exact wording of the Constitution. However, the "purpose" for raising those funds is generally assumed in the raising of them.
The bottom line is that for the most part I agree with you. Thanks for your thoughts. I appreciate precision, and you forcing me to be precise. That's a good thing.
Heh. And that's the rub. The Supreme Court has defined a "bill for raising revenue" as a bill that has the primary purpose of general operation of government functions. IRS statutes, for example, just establish how to get the money, not how to spend it.
If a bill gives a particular object for spending the money on, then (even if it also raises taxes, see Obama care and the medical devices tax) it is not considered a bill for raising revenue, so it can originate in either chamber.
Not that any of it matters. The Supreme Court is in for a pound on the scheme of enlarging the power of the federal government.
2010 was not an anomaly. It will be repeated x2 in 2014.
Separation of powers???
Whatever happened to that???
Where is this process called the Supreme Court???
I guess when you blur the lines enoough where the people lose inerest in the crumbling of our system of checks and balances...
Where is the check and balances now???
Well, I hope you know what to do about them...
Are you looking for a bass player???
I hear they have a great healthcare plan, free parking (in the back), and a buffet lunch on Mondays, Wednesdays and Fridays...