Posted on 10/29/2013 6:24:23 PM PDT by NormsRevenge
WASHINGTON (AP) — The Senate voted along party lines Tuesday to reject a GOP effort that would have blocked the approved increase in the national debt limit.
The chamber voted 54-45 against the GOP move to try to use a special "disapproval" process to block that increase.
The move came as Senate Democrats proposed to avoid future showdowns over the so-called debt ceiling by giving the president authority to authorize additional federal borrowing unless Congress can muster veto-proof margins to block him.
The move by Sens. Charles Schumer, D-N.Y., Barbara Boxer, D-Calif., and Mazie Hirono, D-Hawaii, is aimed at heading off future Washington confrontations over increasing the government's borrowing cap. Debt limit battles this fall and in 2011 spooked financial markets and took the government precariously close to a default on its obligations.
(Excerpt) Read more at news.yahoo.com ...
Nothing like just lumping new debt on top of the old pile without debate..
Nope.. nothing like it .. until now.
This doesn’t surprise me, the communists do not care about the future of America. They’re spending America’s tomorrows, TODAY!
This stupidity would have to pass the House, which is unlikely.
I think they’re testing, just in case they gain back the House in 2014.
We better figure out a way to quit peeing on each other’s shoes and take back the Senate!
what a horribly written article.
was something passed that will allow pres to inc limit?
was something not passed that will allow pres to inc limit?
i’m so tired of the shotty writing.
Okay, I’ll ask the stupid noob question:
What’s the point of even having a debt limit if you’re just going to automatically increase it?
Communists reassure us that default is impossible, so they’ll continue shaking their salaries from the magic money tree.
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