Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Rep. Fattah Introduces Bill That Ties Debt Ceiling to Congressional Spending and Avoids Future "Fiscal Cliffs"

WASHINGTON, Jan. 3, 2013 /PRNewswire-USNewswire/ -- Congressman Chaka Fattah (D-PA) offered legislation today on the first day of the new Congress that will head off one of the thorniest problems of the previous Congress – constant and pointless wrangling over the debt ceiling.

Fattah, a senior Appropriator from Philadelphia, introduced the "Ending Fiscal Cliffs Act of 2013," one of the first bills before the 113th Congress. The legislation streamlines the process of raising the debt ceiling – which Congress could face within two months - to avoid paralyzing political maneuvers.

Under the current system, Congress authorizes Federal spending, then must grant redundant approval to borrow sufficient funds to cover the spending it has already approved. Fattah's bill restructures the process to make it more efficient. It allows the Administration to raise the debt ceiling, as necessary, in order to avoid default whenever Congress spends money or reduces revenues.

Fattah said the near-paralysis and threatened tax increases over the so-called "fiscal cliff" this week were set in motion by "the short-term, short-sighted and flawed resolution" during the 2011 debt ceiling debate. Enactment of the Fattah bill would prevent future "fiscal cliff" fiascos, including one that is looming when the debt ceiling limit is reached in two months.

"When Congress orders from the menu of spending, it's like going to a restaurant and ordering a meal from the menu," Fattah said, "There's no question about having to pay the bill – when you order the food, you agree to pay for it. There's no second debate over whether or not to pay the bill.

"Stability and predictability in the full faith and credit of the United States are critical to the nation's economic security," Fattah said. "The question of whether the United States will meet its debt obligations has long been decided in the affirmative and should not need further negotiation. This bill puts in place a solid remedy to ensure America meets its obligations."

The Philadelphia Congressman added, "This bill clarifies what's at stake in the recent budget-spending-revenue debate that was labeled 'the fiscal cliff.' How much money the federal government should raise and spend is an important, fundamental debate for Congress. But the debt ceiling is a phony distraction."

The Fattah bill directs the Secretary of the Treasury to determine whether Congressional expenditures require borrowing in excess of the existing debt limit. If so, the Secretary may raise the ceiling without further approval from Congress.

SOURCE Office of Congressman Chaka Fattah

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements gr...
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview ...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias a...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all o...
"Our biggest growth area has been the security services, the managed services - the things that differentiate us in the market that there is no client that's too small and there's no client that's too big," explained Paul Mazzucco, Chief Security Officer at TierPoint, in this SYS...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE