Thursday, October 17, 2013

Congress Cedes Constitutional Power To Obama As Part Of Debt Deal

The Constitution gives Congress the power of the purse, but according to number of media sources, last night's debt-ceiling deal just ceded some of this power to Barack Obama...

(Breitbart) Capitol Hill talk regarding the Senate deal apparently includes a provision that would take away the Congress’ power to increase the debt ceiling. According to Politico, it looks like the buzz appears to be true.:

The plan includes a proposal offered by McConnell in the 2011 debt ceiling crisis that allows Congress to disapprove of the debt ceiling increase, which means lawmakers will formally vote on whether to reject a debt ceiling increase until Feb. 7. Obama can veto that legislation if it passes. If Congress fails as expected to gather a two-thirds majority to override the veto, the debt ceiling would be raised.

Read The Full Story

FREE REPORT: Is Barack Obama Trying To Destroy The US Economy!

Input Your Primary Email Address Below And You'll Receive A Free Gift, Our Downloadable Report On The Cloward-Piven Strategy.

 



Privacy Policy: We respect your privacy and will not share your email address with ANYONE... PERIOD!

Posted By: Chris Carmouche