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View Diary: House Republicans declare victory after debt limit surrender (79 comments)

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  •  What does suspend enforcement mean? (0+ / 0-)

    From House votes to suspend debt limit

    House Republicans voted to suspend enforcement of the debt ceiling through May 18
    What does House votes to suspend debt limit mean?

    They did NOT INCREASE the debt limit but suspended enforcement. In other words, the debt limit is unchanged. If the administration exceeds the Debt limit, it will be in violation of the law!

    Does that mean, that the Government is free to issue as much debt as it wants till then? Or does it mean that the law will not be enforced till then, and the debt ceiling remains. In other words, if you pass the debt ceiling, then after May 18th you are in a lot of hot water, for now the debt ceiling law can be enforced, and that the administration would have been deemed to have violated the law.

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