10/07/13
The 14th Amendment and the Debt Ceiling
Obama doesn’t have the authority to step in, but who would stop him?
As we move slowly toward the still-slim possibility of default, we find ourselves in a peculiar predicament. Once again, we are being treated to the novel suggestion that, in the unlikely event that Congress refuses to raise the debt limit, the president should step in and act unilaterally. And, once again, the president is refusing to entertain the idea.
READ MORE
The 14th Amendment and the Debt Ceiling
Obama doesn’t have the authority to step in, but who would stop him?
As we move slowly toward the still-slim possibility of default, we find ourselves in a peculiar predicament. Once again, we are being treated to the novel suggestion that, in the unlikely event that Congress refuses to raise the debt limit, the president should step in and act unilaterally. And, once again, the president is refusing to entertain the idea.
READ MORE
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