His Majesty Obama and the Debt Ceilingby Wendy McElroy
Jan. 11, 2013
While U.S. Media Celebrates Feminization of Boys, China Moves to Prevent 'Masculinity Crisis'
Pakistani Mom Invites Daughter to 'Wedding Reception,' Burns Her Alive For Picking Own Husband
Trump On EU: 'People Want Their Own Identity,' Don't Want Migrants 'Coming In & Destroying' Them
LOL: 'Never Trump' Signatories 'Fear They've Been Blacklisted'
Finland: Police Tell Kids To Rat On Parents For 'Offensive' Facebook Posts Criticizing Politicians
President Obama may be poised to claim an unprecedented executive power. Or not. It depends on whether you credit official denials from White House Press Secretary Jay Carney or public statements from high-ranking Democrats. The monarchical power in question is the ability to raise the debt ceiling at will. It involves bypassing the House of Representatives, which currently has the constitutional authority to initiate all revenue bills.