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spurgeonryan said:

http://news.investors.com/ibd-editorials/120612-636088-obama-seeks-power-to-raise-debt-ceiling.htm?p=full

 

Does this sound like a good idea to you guys? I think we need some responsibility and accountability.

It wouldn't give him permission to spend more money. Congress appropriates the money, the president doesn't.

The debt ceiling is just giving permission to borrow the money to pay for things already appropriated. Raising the debt ceiling doesn't let him spend more money, it prevents America from defaulting on the debts it already has.

Taking control of the debt ceiling away from congress is simply a way to stop it from being used as a political football, to keep the democrats and republicans from playing chicken with America's entire economy at stake.