Obama’s Fiscal Cliff Proposal: $1.6 Trillion In Tax Hikes, $50 Billion In Stimulus Spending, Obama Can Raise Debt Limit Without Congressional Approval…
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The Bard of Murdock









I think that all “money” bills – including debt “limit” must be developed and passed int he “House”. If Obama controls this aspect of debt-limit – we have lost the constitution control, of the imposed limit on presidential power.
Of course the republicans will cave.