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Old 09-30-2013, 11:34 AM
Danzig Danzig is offline
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Location: The Natural State
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http://www.slate.com/blogs/moneybox/...oncession.html

'But the debt ceiling isn't some pet Obama administration priority. There is a gap between the spending that Congress has instructed Treasury to undertake and the taxes that Congress has authorized Treasury to collect. Authority to borrow the money to fill the gap is necessary to legally dot the i-s and cross the t-s.
Granting it does not authorize any new spending and failing to grant it does not cut spending.'



and here is a link to an article discussing the 'conscience clause' repubs worked up:


http://www.slate.com/blogs/xx_factor...employers.html
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