Sunday, January 13, 2013

Obama gets Senate Democrats support to bypass Congress on raising debt ceiling

North America News.Net Saturday 12th January, 2013

The letter is the strongest show of support from Senate Democrats that they would back Obama if he were to use his executive authority to unilaterally raise the nation's borrowing limit in the face of opposition from House Republicans.

According to the Huffington Post, Reid had earlier privately offered Obama his support for a unilateral option.

He did so despite the White House saying that the administration does not believe the amendment, which states that 'the validity of the public debt of the United States, authorized by law shall not be questioned', gives the president the authority to ignore the debt ceiling.

In the letter, the senators also call on Obama to ignore claims that increasing the debt ceiling is representative of a concession by Republicans to Democrats.

According to the report, Obama, for his part, has insisted that he will not negotiate with Republicans over the country's ability to continue to pay off its debts. (ANI)

Source: http://www.northamericanews.net/index.php/sid/211895414/scat/58652c42d9c6e2f4

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