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Did Deal Allow Prez to Set Limit Forever?

Ed Morrissey, Hot Air

The executive branch can't spend what is not appropriated by Congress, except for statutory spending — entitlements — and interest payments on the debt. The debt ceiling doesn’t enable executive-branch spending the same way a credit card does for households, in other words.

http://hotair.com/archives/2013/10/17/did-the-deal-allow-the-president-to-set-the-debt-limit-from-now-on/