Secretary of the Treasury Timothy Geithner announced to Congress that Obama wants complete executive control and power over the debt ceiling. 

Senator John Cornyn (R-Texas) said, "Well, it's outrageous," when asked by Fox News to respond to Obama's request to personally dictate the finances of the United States.  He went further to say, "It's profoundly irresponsible, so that's a crazy idea and I'm amazed that Secretary Geithner had the courage to float that yesterday." 

The debt ceiling can ...

Continue reading ...