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Fitch Prepares To Downgrade U.S. Credit Rating...
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Now it seems some dems want to do away with the debt ceiling altogether.
Screw this shit.
Quoting: Lady Jane Smith Oh representative government is sooooo 20th century Get with the program everyone, it's not a dictatorship, it's executive efficiency! Obama has learned from Mao, Stalin and Castro - Screw negotiating or compromising with people who don't agree with you on everything...just take control and put on a funny hat while you're at it Didn't you hear? Dems urge Obama to raise debt limit without Congress, if necessary
By Michael O'Brien, NBC News Senate Democratic leaders urged President Barack Obama to act to increase the nation's debt limit, even without congressional approval, in order to avoid a standoff with Republicans over the nation's borrowing authority. The top four Democrats wrote Obama on Friday to urge him against allowing the debt ceiling becoming a bargaining chip with Republicans, who might threaten to vote against any increase in the debt limit without new spending cuts or entitlement reforms from the administration. [ link to firstread.nbcnews.com]
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