Rep. Danny K. Davis says the President should have the power to raise the debt ceiling on his own. What are your thoughts?
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WASHINGTON — Democratic Illinois Rep. Danny K. Davis told The Daily Caller that President Obama should have the power to raise the nation’s debt ceiling without congressional approval, citing the example of President Abraham Lincoln issuing the Emancipation Proclamation as a good use of presidential authority.
“Sometimes when we’ve gotten great answers is when presidents have had enough authority to take some actions,” Davis told TheDC on Capitol Hill Friday. “I mean, remember that we just celebrate the 150th anniversary of the Emancipation Proclamation, and if Abraham Lincoln had not had the power, authority and the will to make that decision, we may have gone on with the war that was going to last several additional years and much longer, and thousands and thousands of people could have and would have, in all probability, lost their lives.”
“So, I think that we should have enough faith and confidence in the president and the president ought to have the authority to make that decision without Congress placing limits or determinates or determinations, and so yes, I think the president should have the ability to make that decision.”
House Speaker John Boehner opposes giving Obama the authority to unilaterally increase the debt ceiling.
“Congress is never going to give up our ability to control the purse,” Boehner said in December.
Read More: http://dailycaller.com/2013/01/04/rep-davis-calls-...
The results would be the same for both. The death of our Country and the death of the heroin addict!!
Imagine you go to dinner with someone, and they order an expensive dinner that your going to pay for. But your okay with that, that's how this works. Then, at the end of the night, you find out that this person has your wallet and credit card, and think your irresponsible for spending all that money on their dinner. Then, they insist that you give them your watch in exchange for the privilege to pay for the stuff that THEY bought, all while criticizing you for buying that needlessly expensive dinner that THEY bought. This is the debt ceiling in a nutshell.
Blaming the debt ceiling is like blaming your debt on the bank giving you a checkbook.
He wants to be able to BORROW more money for SPENDING. One can NOT borrow money to pay off debt as one is getting more deeply INTO debt. One has to cut the spending AND pay off the debt.
It is quite literally being a deadbeat. If the Republican Party wants to prove to the world that the USA is an irresponsible deatbeat, then by all means they should block raising the Debt Ceiling.
There is also the huge amounts of Executive order spending that Obama himself is totally responsible.
There is NO Constitutional mandate for a budget--and budget bills originate in the Republican-dominated House, so why should Democrats vote for a Republican budget?
Executive orders DO not, CAN not spend money not approved by the Republican House.
No, they originate with the president's budget proposal, as required, and then is is debated in the House and Senate. The House controls the purse strings and originates its own taxing and spending and affirm or deny the president's "proposal".
So far, each year, Obama's proposals have suffered near unanimous rejection by both the House and Senate. It had little to do with Republicans.
http://en.wikipedia.org/wiki/...
The Budget of the United States Government often begins as the President's proposal to the U.S. Congress which recommends funding levels for the next fiscal year, beginning October 1.
http://usgovinfo.about.com/od...
A spending bill must be created, debated and passed to fund the programs and operations of each Cabinet-level agency. Per the Constitution, each spending bill must originate in the House. Since the House and Senate versions of each spending bill must be identical, this always become the most time-consuming step in the budget process.
http://thehill.com/blogs/floo...
Senate rejects Obama budget in 99-0 vote
A budget resolution based on President Obama’s 2013 budget failed to get any votes in the Senate on Wednesday.
In a 99-0 vote, all of the senators present rejected the president’s blueprint.
It’s the second year in a row the Senate has voted down Obama’s budget.
Obama's 2012 budget failed 97 to 0 last May after Obama himself last April said he wanted deeper deficit cuts.
The House earlier this year unanimously rejected Obama's budget.
As I said, "little to do with the Republicans." Even House and Senate Democrats do not want to commit political suicide. It was a tax heavy bill that even the Democrats couldn't support.
Where do you get your information from?
http://www.cbsnews.com/8301-5...
Obama signs debt limit bill after nasty fight
President Obama signed a hard-fought, last-minute compromise bill to avert economic catastrophe Tuesday, saying the deal to cut spending and increase the nation's $14.3 trillion debt limit marked an "important first step to ensuring that as a nation we live within our means."
Though the deal will reduce the deficit by trillions of dollars, it still leaves the nation facing a projected $22 trillion debt ten years from now - an increase of more than $7 trillion from today. Ratings agencies have said that they could still downgrade the nation's Triple-A credit rating even with the deal.
{...and the budget has nothing to do with the debt limit.}
Of course it does, even if indirectly. It's propose a budget, allocate, borrow and spend.