0 Members and 1 Guest are viewing this topic.
The U.S. Senate, in an unusual procedure, cleared the way Thursday for the U.S. to lift its borrowing authority by $500 billion to $15.19 trillion, enough to keep the support federal government borrowing through late January or early February.
The complicated procedure, designed by Senate Minority Leader Mitch McConnell (R., Ky.), would allow an increase of the borrowing limit while allowing most Republicans to vote against such an increase.There was a twist in this scenario Thursday evening, however. Democrats held firm, rejecting the resolution of disapproval, thereby speeding the process and increasing the borrowing limit immediately.
No one, and I mean "no one" who can be out foxed by a third rate moron like Harry Reid deserves to ever occupy the position of Senate majority leader.
Did he get out manuvered or was he just in on it and we got out manuvered?
The stupid part is that right wing bloggers and people like us were screaming are heads off that this or something like this was going to happen and we were ignored.The Tea Party had better get a pound of flesh for this debacle.