Wednesday, October 23, 2013

Tax and Spend

Widespread disability fraud.

Ron Paul explains how government adopted McConnell's plan to suspend the debt ceiling.
"Congress surrendered more power to the president in this bill. Instead of setting a new debt ceiling, it simply “suspended” the debt ceiling until February. This gives the administration a blank check to run up as much debt as it pleases from now until February 7th. Congress can “disapprove” the debt ceiling suspension, but only if it passes a resolution of disapproval by a two-thirds majority. How long before Congress totally abdicates its constitutional authority over spending by allowing the Treasury permanent and unlimited authority to borrow money without seeking Congressional approval?"
It'll be soon.

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