Reid Urges Obama to Bypass Congress on Debt Ceiling

Todd Beamon
Newsmax
11 Jan 2013

Senate Majority Leader Harry Reid and other Democratic leaders told President Barack Obama on Friday to consider side-stepping Congress if no agreement could be reached next month on raising the nation’s $16.4 trillion debt ceiling.

And two Republican congressmen asked Obama in their own letter that the president to “be open and honest with the American people” on the nation’s finances in his State of the Union address next month.

In their letter, Reid and other top Democrats said Obama should “take any lawful steps” to avoid defaulting on the debt — “without Congressional approval, if necessary,” The Washington Post reports…

…Republican Reps. Tim Griffin of Arkansas and Cory Gardner of Colorado said in their letter that Obama should specifically detail in his Feb. 12 State of the Union speech the rise in the national debt, the per-person share of the expense — as well as the state of solvency for Social Security and Medicare.

“It seems to me in order for us to address our big fiscal problems — debt, deficit, and entitlement reform — we are going to have to have the American people on the same page,” Griffin told the Daily Caller.

Read the entire article at Newsmax.

 

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