"10/15/2013--Introduced.
Debt Limit Reform Act - Grants the President, or the President's designee, authority to increase the public debt limit. Excludes from the public debt limit amount obligations held by the U.S. government."
This bill is in Congress and it specifically allows congressional authority to eliminate counting debt obligations held by the Fed and other Govt. agencies....EVEN IF THIS DEBT IS OWED TO SOCIAL SECURITY, MEDICARE AND MEDICAID.
What a racket !
'via Blog this'
Debt Limit Reform Act - Grants the President, or the President's designee, authority to increase the public debt limit. Excludes from the public debt limit amount obligations held by the U.S. government."
This bill is in Congress and it specifically allows congressional authority to eliminate counting debt obligations held by the Fed and other Govt. agencies....EVEN IF THIS DEBT IS OWED TO SOCIAL SECURITY, MEDICARE AND MEDICAID.
What a racket !
'via Blog this'
No comments:
Post a Comment