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Reply #115: the house has authority over spending [View All]

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HankyDubs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 02:39 PM
Response to Reply #29
115. the house has authority over spending
Edited on Sat Jul-30-11 02:49 PM by HankyDubs
but this isn't spending. This is honoring debts on money that has already been spent. It's well within his authority to avert disaster. I defy you to find the portion of article 1 that gives congress the authority to default on debts already incurred. I defy you to find the phrase "debt ceiling" anywhere in the US constitution.

The 14th was intended to guarantee that the debts of the US government would be paid so long as the entity itself existed. That's what it says.
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