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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDid the Continuing Resolution change "macro-PROCESS of debt ceiling raises, making them automatic"
"unless both houses pass a bill stopping the automatic hike."
That question was asked by David Brin on Facebook.
Yes, yes I know his name is a dirty word here, but please bear with me.
David Brins' Face book page
All right, this I did not predict. Apparently the bill that was passed last night altered the macro-PROCESS of debt ceiling raises, making them automatic unless both houses pass a bill stopping the automatic hike -- and that will be subject to presidential veto. If this is so -- and my cursory reading may be flawed -- then a major part of last night's action escaped attention from the media. THE major news, in fact. It means there will be no further brushes with default. Period.
All right, this I did not predict. Apparently the bill that was passed last night altered the macro-PROCESS of debt ceiling raises, making them automatic unless both houses pass a bill stopping the automatic hike -- and that will be subject to presidential veto. If this is so -- and my cursory reading may be flawed -- then a major part of last night's action escaped attention from the media. THE major news, in fact. It means there will be no further brushes with default. Period.
He was answered by Doug Van Belle who said:
Just confirmed with Keith Gaddie, Professor of Politics at U Oklahoma and regular commentator on American Electoral Politics, something that David Brin asked about on his FB wall.
Yes, the bill that was passed last night does alter the macro-PROCESS of debt ceiling raises, making them automatic unless both houses pass a bill stopping the automatic hike -- and that will be subject to presidential veto.
Basically, that suicide bomb has been taken out of the hands of the Tea Party
Yes, the bill that was passed last night does alter the macro-PROCESS of debt ceiling raises, making them automatic unless both houses pass a bill stopping the automatic hike -- and that will be subject to presidential veto.
Basically, that suicide bomb has been taken out of the hands of the Tea Party
I haven't heard that in the news. In fact, there seems to be some talkin' Smack about doing a part two of the government shut down and debt ceiling crises in January and February. If they did that, then there is no way that the debt ceiling is going to be used ever again.
Just wondering.
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Did the Continuing Resolution change "macro-PROCESS of debt ceiling raises, making them automatic" (Original Post)
Agnosticsherbet
Oct 2013
OP
I haven't heard that in the news, although I've read it elsewhere on DU.
winter is coming
Oct 2013
#1
winter is coming
(11,785 posts)1. I haven't heard that in the news, although I've read it elsewhere on DU.
Apparently, the broadcast media are still preoccupied with reassuring us that this whole contretemps has served to strengthen Boehner's position.
Agnosticsherbet
(11,619 posts)2. This appears to be a right wing rumor. Sorry..... n/t
geek tragedy
(68,868 posts)3. Only for the current extension. nt
Agnosticsherbet
(11,619 posts)4. That makes more sense but is less useful. nt