Clinton would raise debt ceiling on own -- but not ObamaThe president says he would lift the debt ceiling on his own, with or without congressional approval.That president, however, is Bill Clinton.
The current White House occupant, Barack Obama, isn't considering such unilateral action, aides said.
In a recent interview with The National Memo, Clinton said he would raise the $14.3 trillion debt ceiling on his own if Congress fails to act, and "force the courts to stop me" rather than face a government default.
"I think the Constitution is clear and I think this idea that the Congress gets to vote twice on whether to pay for (expenditures) it has appropriated is crazy," Clinton said.
How about this suggestion: live within your means and that means not increasing the debt ceiling. How about stopping foreign aid and then all the wars you start. How about producing something and stopping the welfare state? The talk of not raising the debt ceiling will cause a meltdown is crazy. There is notneed to raise the debt if you only spend what you take in with taxes. Ie a balanced budget
Thats what is supposed to happen in any country