“
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The increase stems from a deal between Congress and the White House,
finalized last month, that spells out how the borrowing limit would be
increased by $500 billion. Under the process, lawmakers in both the
House and Senate must vote on a resolution of disapproval against the
increase in the borrowing limit. President Barack Obama would then have
to veto the resolution of disapproval, and Congress would then vote to
try and override that veto.
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.
[Washington
Wire]
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I
paid close attention to the debt ceiling debate, m'kay? I thought the poison pill was
the cockamamie Super Committee of super suspect senators, m'kay?
. But, this? Who knew?
“
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Greg Marmalard: But Delta's already on probation.
Dean Vernon Wormer: They are? Well,
as of this moment, they're on DOUBLE SECRET PROBATION! [Animal
House]
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McConnell has been in the senate way too long. They all have. Government
by punk.
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