It would vest in the Treasury secretary the authority to raise the debt ceiling while still reserving to Congress the authority to overrule that decision if Congress ever wanted to exercise that authority.
Steny Hoyer: “It would vest in the Treasury secretary the authority to raise the debt ceiling while still reserving to Congress the…”
Editor's note · Context
Hoyer explains his Debt Ceiling Reform Act proposal to reduce political dysfunction.
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The Administration’s efforts are in clear violation of Congressional intent.
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