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Watchdog demands to know why Obama renounced debt-limit power

Posted By admin On October 20, 2013 @ 6:34 am In Featured Stories,Tile | Comments Disabled

Mike Lillis
The Hill [1]
October 20, 2013

One of Washington’s most prominent watchdog groups is seeking the legal reasons behind President Obama’s long-standing refusal to hike the debt ceiling unilaterally.

As the recent fiscal battle unfolded, the White House said repeatedly that Obama does not have the authority to extend the Treasury’s borrowing powers without congressional action.

But Citizens for Responsibility and Ethics in Washington (CREW) is challenging that claim, noting that the Obama administration has, in the words of CREW chief counsel Anne Weismann, adopted “an expansive view of executive power” in everything from the surveillance of U.S. citizens at home and the killing of Americans overseas.

Given that track record, CREW is wondering why Obama feels he can’t hike the debt ceiling on his own to prevent an economic collapse.

Full article here [1]

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URLs in this post:

[1] The Hill: http://thehill.com/homenews/administration/329407-watchdog-demands-to-know-why-obama-renounced-debt-limit-power

[2] IMF chief: U.S. dance with the debt limit is ‘very, very concerning’: http://www.prisonplanet.com/imf-chief-u-s-dance-with-the-debt-limit-is-very-very-concerning.html

[3] Obama Wants Dictatorial Power to Increase Debt: http://www.prisonplanet.com/obama-wants-dictatorial-power-to-increase-debt.html

[4] New White House Petition Demands That Obama Mint A Trillion Dollar Coin To Avert A Debt Ceiling Crisis: http://www.prisonplanet.com/new-white-house-petition-demands-that-obama-mint-a-trillion-dollar-coin-to-avert-a-debt-ceiling-crisis.html

[5] US Debt Limit Fight Would Be ‘Catastrophic’: White House: http://www.prisonplanet.com/us-debt-limit-fight-would-be-catastrophic-white-house.html

[6] Obama to ask for debt limit hike: Treasury official: http://www.prisonplanet.com/obama-to-ask-for-debt-limit-hike-treasury-official.html

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