Political Quotes

On the recordOctober 15, 2013
I ask the majority leader, through the Chair, one of the key elements in this new proposal from Speaker Boehner is to diminish this President's authority to deal with a default on our national debt. This authority, so-called extraordinary measures or emergency measures, gives to Presidents, going back to President Kennedy, the wherewithal through the Treasury Department to try to avoid an economic disaster which could impact families, businesses, jobs, and the reputation of the United States in the world. I ask of the majority leader, through the Chair, now that we have seen the Republican Party bring us so close to the precipice on a default, it is unimaginable to me that any President, including President Obama, would surrender this authority to keep America safe in light of this type of threat. Is this one of the key elements in terms of the problems associated with the Boehner proposal?
Said by
Dick Durbin
Democratic · Illinois
Source
govinfo.gov
Oct 15, 2013

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