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Subject Obama to declare himself: 'Debt Dictator'

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Original Message Debt Ceiling? Who needs it? Geithner and Barry have a plan to save America, eliminate the debt ceiling all together! All debt will now be under Obama's total discretion.

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Sen. John Cornyn (R-Texas), who will soon be the second-ranking Republican in the Senate, on Friday panned a proposal by the White House that would allow President Obama to raise the debt ceiling without congressional approval.

Cornyn was referring to a plan Treasury Secretary Tim Geithner presented to Speaker John Boehner (R-Ohio) on Thursday that was meant to avoid the "fiscal cliff" of tax increases and spending cuts.

The plan, which sparked strong Republican criticism, included a provision allowing the White House to raise the debt ceiling without the consent of Congress.

[link to thehill.com]

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