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Days before the March 1 deadline, Senate Republicans are circulating a draft bill that would cancel $85 billion in across-the-board spending cuts and instead turn over authority to President Barack Obama to achieve the same level of savings under a plan to be filed by March 8.
Originally posted by Wrabbit2000
reply to post by ownbestenemy
I'm going to say NO.. They do not. I wonder how many citizens may file in Federal Court the moment something like this happens for real? As I see it, every legal U.S. citizen has standing as direct electors of their respective 2 Senators coupled with the impact this move would carry in the lives of every American. This court is also NOT friendly to Obama cases. Not much at all. This could be interesting.
Originally posted by GreenGlassDoor
So the Bill will have the President come up with the cuts and then a budget will be passed by the Congress in accordance with the Constitution. This process isn't too disimilar from the existing Presidential Budget Request which has existed since 1921.
Originally posted by GreenGlassDoor
No, it's not. They all agreed to make some cuts when they passed the BCA. This puts where the cuts would be in the hands of the President. No budget or continuing resolution has been passed, so it's up to Congress to fund the whole damn thing less the cuts.
As proposed, lawmakers would retain the power to overturn the president’s spending plan by March 22, but only under a resolution of disapproval that would demand two-thirds majorities in both the House and Senate to prevail over an Obama veto.
Source: Obama’s debt-ceiling proposal would ease concerns on Wall Street
Under the White House proposal, the president would have the power to raise the debt limit as needed.
Congress currently must pass legislation to hike the limit, but under Obama’s proposal lawmakers would only be able to pass a resolution disapproving of a debt limit increase by the president.
The president also would have the power to veto any resolution of disapproval, meaning two-thirds of Congress would have to disapprove of such an increase to block it.