What most people don’t realize is that it’s $700,000,000,000 per occurence.
This is from the Bill:
…the President transmits to the Congress a written report detailing the plan of the Secretary to exercise the authority under this paragraph, unless there is enacted, within 15 calendar days of such transmission, a joint resolution described in subsection (c), effective upon the expiration of such 15-day period, such authority shall be limited to $700,000,000,000 outstanding at any one time.
The real question, which is absurd to even have to ask, is how many times?
