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Old 12-06-2012, 03:03 PM   #17
GunnyGene
Advanced Senior Member
 
Join Date: Oct 2012
Posts: 1,962
Default Re: YOu fiscal cliffers

Quote:
Originally Posted by flyingtiger85 View Post
I believe it's the senate that can do this.Only the Democrats can stop it by siding with Republicans.This can backfire when the power shifts back to Republicans.And it always does eventually.If this happens spending will bankrupt us for sure.At least Romney was going to address the spending and the Dems.had no plan to do anything and still won the election.I still can't believe it.
Tax and spending bills must originate in the House. The Senate can amend, but not initiate, and if they do amend the bill must go back to the House. Giving Obama the ability to control the purse strings would be an intolerable abdication of the House powers.
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