House Democrat calls for taking away debt limit authority from Congress

[mystery-ak]

House Democrat calls for taking away debt limit authority from Congress
By Cristina Marcos - 10/06/21 05:48 PM EDT

A House Democrat on Wednesday called for a "long-term solution" to the impasse over avoiding a debt default later this month in the form of taking the near-annual fight out of the hands of members of Congress altogether.

Senate Democrats indicated earlier Wednesday that they will likely accept an offer from Senate Minority Leader Mitch McConnell (R-Ky.) to raise the debt limit for two months to prevent a potential economic crisis.

Rep. Brendan Boyle (D-Pa.), along with House Budget Committee Chairman John Yarmuth (D-Ky.), introduced legislation last week that would transfer the duty of raising the debt limit from Congress to the Secretary of the Treasury so that lawmakers wouldn't have to repeatedly fight over preventing a catastrophic default anymore.


"While I welcome this change in stance from Sen. McConnell, we need a long-term solution to our debt ceiling dysfunction. It’s time to end the debt limit as we know it," Boyle tweeted Wednesday.

Treasury Secretary Janet Yellen has warned that the U.S. is on track to default on its debts by Oct. 18 without congressional action.

more
https://thehill.com/homenews/house/575646-house-democrat-calls-for-taking-away-debt-limit-authority-from-congress

[IsailedawayfromFR]

So how is this a Democratic process by denying the representatives of the people as decision makers and placing decisions in the hands of unelected officials?

More totalitarianism.

[Killer Clouds]

Is the DCP trying to start a civil war or not?

[Fishrrman]

Clouds speculates:
"Is the DCP trying to start a civil war or not?"

I sense that they believe that if there is to be one, they'll win it.
After all, they have all the power of the government and military on their side.
Do they not...?

(DCP = democrat-COMMUNIST party, for those of you who haven't been payin' attention for the last several years)

[EdinVA]

The house has had 12 months to work on the budget and instead were focused on 2 fabricated impeachment trials so if they want to fix this issue, go look in the mirror.

[Killer Clouds]

Clouds speculates:
"Is the DCP trying to start a civil war or not?"

I sense that they believe that if there is to be one, they'll win it.
After all, they have all the power of the government and military on their side.
Do they not...?

(DCP = democrat-COMMUNIST party, for those of you who haven't been payin' attention for the last several years)

I don't think the DCP would have as much control as they believe. Their delusions are not reality.

[sneakypete]

So how is this a Democratic process by denying the representatives of the people as decision makers and placing decisions in the hands of unelected officials?

More totalitarianism.

@IsailedawayfromFR

It is the North Korean version of democracy.