Senate Democrats Back Automatic Debt Limit Hikes - news.yahoo.com
Excerpts from this Article:
"The Senate voted
along party lines Tuesday to reject a GOP effort that would have
blocked the approved increase in the national debt limit. The chamber voted 54-45 against the GOP move to try to use a special 'disapproval' process to block that increase. The
move came as Senate Democrats proposed to avoid future showdowns over
the so-called debt ceiling by giving the president authority to
authorize additional federal borrowing unless Congress can muster
veto-proof margins to block him."
Recommended reading:
Mission "Raise the Debt Ceiling" Accomplished: See You All Again in February!
