Breaking: GOP to Suspend Debt Ceiling All Together, and Constitution
January 22, 2013 By Leave a Comment
The House GOP has opted to forego raising the debt ceiling to a set cap for a three month extension as previously reported. The new decision made by those who control the flow of legislation in the House is to now simply make the debt ceiling limitless
until May 19th. Even though Republicans could have requested that at
least some sort of spending cuts would be part of this new legislation
not a single dime of cuts were requested.This new legislation has multiple negative connotations.
- It essentially nullifies Article 1 of the US Constitution. Removing the ceiling all together gives the Federal Government the power to spend without House approval.
- It establishes precedent that the ceiling is purely arbitrary and could be abolished, as many in the Democratic party have suggested.
- It gives the Federal Government the potential to spend possibly trillions of dollars with no approved allocation within the next 5 months.
- It breaks the promise the GOP made when they took over the house. You now, the one where they said all legislation must remain within strict constitutional authority.
- The new legislation does not actually cease pay to Congress if they do not come up with a budget by the deadline. It only puts their paycheck into an account for them until they do (How will they ever survive…? Oh yea, special interests pays well we are told.)
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