Republican Senator Mitch McConnell wants to discard the constitutional mandate of the House of Representatives setting the budget of the United States. He wants the President to have concentrated power to create his own budget for the whole country.
McConnell says Obama should be allowed to raise the debt limit
The leader, Senator Mitch McConnell of Kentucky, said a bipartisan budget-cutting deal is probably out of reach, making it unlikely that Republicans would approve an increase in the government’s debt limit by Aug. 2. To prevent default, he proposed that Congress in effect empower Mr. Obama to raise the government’s borrowing limit without its prior approval of offsetting cuts in spending.