Saturday, January 12, 2013

Top Democrats tell Obama to ignore Congress on debt limit

Senate Democrats on Friday urged President Obama to do an end-run around Congress and claim the power to borrow more money on the credit of the U.S.
The move, should Mr. Obama follow their advice, would likely force another constitutional battle between the executive branch and congressional Republicans. But the Senate Democrats, including Majority Leader Harry Reid, said Mr. Obama should turn to the strategy as a way of circumventing the GOP on the debt limit.

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