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| Senate GOP's interesting idea on raising debt ceiling; just give the President the power to raise it! | |
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| Tweet Topic Started: Jul 12 2011, 04:58 PM (244 Views) | |
| Axtremus | Jul 12 2011, 04:58 PM Post #1 |
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HOLY CARP!!!
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Senate GOP minority leader Mitch McConnell floated this interesting idea today ... the idea, essentially, is to give the President the power to raise the debt ceiling -- no real insistence on spending cuts, the President just need to ask to raise the debt ceiling, and the debt ceiling will be raised UNLESS Congress can deliver a veto-proof supermajority to "override" the request. So instead of needing Congress to explicitly authorize the raise of the debt ceiling, the GOP Senator's idea is to turn it around such that the limit can be raised pretty much on-demand by the President, unless overridden by a super-majorty in Congress. Congress would no longer have to "raise" the debt ceiling, it would just have a lever to "stop the raise" if/when it can get garner a super-majority to exercise that lever. Get the details here: http://www.huffingtonpost.com/2011/07/12/mitch-mcconnell-debt-ceiling-plan_n_896254.html What do you guys think about this idea?
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| Jolly | Jul 12 2011, 05:01 PM Post #2 |
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Geaux Tigers!
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I think Obama engaged in economic terrorism by threatening seniors and their Social Security checks, knowing damn well that a default by the government does not mean immediate cessation of those checks. I wouldn't trust the man as far as I could throw him, let alone cut a deal with him. |
| The main obstacle to a stable and just world order is the United States.- George Soros | |
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| jon-nyc | Jul 12 2011, 05:03 PM Post #3 |
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Cheers
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The entire idea of debt ceiling legislation independent of appropriations legislation is asinine anyway. This is pretty cynical however, they know the ceiling has to be raised but they want to be able to blame it entirely on the other party. This allows them to vote against it without actually stopping it from being raised. |
| In my defense, I was left unsupervised. | |
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| Axtremus | Jul 12 2011, 05:16 PM Post #4 |
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HOLY CARP!!!
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So would you give him the power to raise the debt limit all by his own, and just keep a lever that requires a super-majoity in Congress to pull to stop him? |
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| Copper | Jul 12 2011, 05:38 PM Post #5 |
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Shortstop
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If it is the responsibility of Congress now, can they just give away the responsibility? http://en.wikipedia.org/wiki/Separation_of_powers_under_the_United_States_Constitution
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| John D'Oh | Jul 12 2011, 05:41 PM Post #6 |
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MAMIL
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Every time I see an act of cynical political cowardice, and think 'OK, that's the limit - that can't be beaten!', I'm proved wrong. |
| What do you mean "we", have you got a mouse in your pocket? | |
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| jon-nyc | Jul 12 2011, 05:42 PM Post #7 |
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Cheers
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I don't think that would apply. They would still retain appropriations power. So the President would only borrow to accommodate the level of spending that COngress themselves votes on. edit: reply to Copper's post Edited by jon-nyc, Jul 12 2011, 05:42 PM.
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| In my defense, I was left unsupervised. | |
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| Axtremus | Jul 12 2011, 05:43 PM Post #8 |
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HOLY CARP!!!
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Or, for that matter, to finance the tax cuts that Congress votes on, too. |
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| John D'Oh | Jul 12 2011, 05:45 PM Post #9 |
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MAMIL
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No truly sane man would. The real question is why would you trust the Congress any more than him? |
| What do you mean "we", have you got a mouse in your pocket? | |
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| Jolly | Jul 12 2011, 05:49 PM Post #10 |
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Geaux Tigers!
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Because surely they can't screw up as well as one dedicated individual. |
| The main obstacle to a stable and just world order is the United States.- George Soros | |
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| John D'Oh | Jul 12 2011, 05:54 PM Post #11 |
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MAMIL
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Well now you're just making the argument for replacing your Presidential system with a parliamentary one. You could make Sarah Palin into a constitutional monarch (which I suspect would make her happier than anybody on earth), and then have a House of Commons, and a black rod and everything. |
| What do you mean "we", have you got a mouse in your pocket? | |
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| Copper | Jul 12 2011, 05:57 PM Post #12 |
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Shortstop
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Been there, done that. |
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The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy | |
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| jon-nyc | Jul 12 2011, 06:17 PM Post #13 |
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Cheers
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She's missing the pink vagina hat. |
| In my defense, I was left unsupervised. | |
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| Axtremus | Jul 13 2011, 10:00 AM Post #14 |
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HOLY CARP!!!
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Article: McConnell Debt Ceiling Strategy: 'I Refuse To Help Obama Reelection' http://www.huffingtonpost.com/2011/07/13/mcconnell-on-his-debt-cei_n_897124.html |
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| Kincaid | Jul 13 2011, 10:48 AM Post #15 |
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HOLY CARP!!!
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This is almost my take. McConnell's idea is so that the Republican campaign slogan in 2012 can be "Who, me?" |
| Kincaid - disgusted Republican Partisan since 2006. | |
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| Axtremus | Jul 14 2011, 09:03 AM Post #16 |
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HOLY CARP!!!
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Reid and McConnell's new plan: http://www.huffingtonpost.com/...d-plan_n_898278.html What do you guys think about this variation? |
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| jon-nyc | Jul 15 2011, 03:11 AM Post #17 |
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Cheers
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With Irresponsibility Comes Power, says The Economist. |
| In my defense, I was left unsupervised. | |
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| John D'Oh | Jul 15 2011, 04:49 AM Post #18 |
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MAMIL
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Maybe Congress should do this over every problematic issue they don't like or are intellectually or emotionally incapable of dealing with? Within a couple of years, you'd have a dictatorshipm so it would cease to be a problem. |
| What do you mean "we", have you got a mouse in your pocket? | |
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