A digital archive of C-SPAN video
DEBT CELLING LEGISATION 7/30/90 U.S. HOUSE
The House considered H.R. 5355, a bill to increase the limit of
government debt
from $3.1 trillion to $3.4 trillion. After general debate on the bill,
the House
considered an amendment offered by Rep. Dorgan which would remove the
annual
surplus in the Social Security trust fund from the deficit calculation.
1 hour, 22 minutes |
Go to 53.14 Richard Durbin remarks: RE: Soc. Security history
http://www.c-spanvideo.org/program/Cei
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Obama is out of touch with the American People.
DEBT CEILING LEGISLATION: 7/16/11
Committee mebmers heard testimony concerning the financial
status of the Social Security trust fund.
2 hours, 40 minutes
http://www.c-spanvideo.org/program/64429-1
U.S. Constitution Section 7
All Bills for raising Revenue shall originate in the House of
Representatives; but
the Senate may propose or concur with Amendments as on other Bills.
...
{The House, directly elected by the people, received authority to
originate all tax
bills. The Senate, however, can amend a tax bill, and the support of
both houses is
necessary for the bill to become law.}
http://www.senate.gov/civics/constitution_item/constitution.htm#a1_sec7
U.S. Constitution, Article I, Section 9, Clause 7
The U.S. Constitution grants Congress sole power of the purse.
http://senate.gov/civics/constitution_item/constitution.htm#a1
The United States House Committee on the Budget and the United States
Senate
Committee on the Budget are responsible for drafting budget
resolutions.
http://budget.senate.gov/democratic/aboutsbc.html
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THE REPUBLICANS ARE VIOLATING THE FOURTEENTH AMENDMENT
...The press so far has been asking whether the debt ceiling is
constitutional. The
correct question they should ask is whether the Republican strategy of
hostage
taking violates the Constitution. It does.
http://balkin.blogspot.com/2011/07/debt-ceiling-crisis-posts.html
Constitution Amendment XIV (1868)
http://www.senate.gov/civics/constitution_item/constitution.htm#amdt_14_(1868)
Section 4. The validity of the public debt of the United States,
authorized by law,
including debts incurred for payment of pensions and bounties for
services in
suppressing insurrection or rebellion, shall not be questioned. But
neither the
United States nor any State shall assume or pay any debt or obligation
incurred in
aid of insurrection or rebellion against the United States, or any
claim for the loss
or emancipation of any slave; but all such debts, obligations and
claims shall be
held illegal and void.
Section 5. The Congress shall have power to enforce, by appropriate
legislation, the provisions of this article.
Posted By: U.S. Constitution, Article I | July 15, 2011
http://www.politico.com/blogs/bensmith/0711/Debt_ceiling_mindreading.html?showall
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THIS MESSAGE POSTED AT:
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# # #
Letter: Social Security: A short
history Posted: July 16, 2011 - 12:00am By Thomas
McElhinney Editor: Social Security was introduced by FDR. It was to be
completely voluntary and you would only have to contribute one percent
of the first
$1,400 of income. Your money would be tax deductible and it would be
put into an...
more
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