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14th Amendment
by Alexander Nevsky Mon Jul 25, 2011 9:01 pm
A few days ago, former President Bill Clinton identified a constitutional escape hatch should
President Obama and Congress fail to come to terms on a deficit reduction plan before
the government hits its borrowing ceiling.
He pointed to an obscure provision in the 14th Amendment, saying he would unilaterally invoke it “without hesitation” to raise the debt ceiling, “and force the courts to stop me.”
On Friday, Mr. Obama rejected the idea, though not in categorical terms.
“I have talked to my lawyers,” Mr. Obama said. “They are not persuaded that that is a winning argument.”
President Obama and Congress fail to come to terms on a deficit reduction plan before
the government hits its borrowing ceiling.
He pointed to an obscure provision in the 14th Amendment, saying he would unilaterally invoke it “without hesitation” to raise the debt ceiling, “and force the courts to stop me.”
On Friday, Mr. Obama rejected the idea, though not in categorical terms.
“I have talked to my lawyers,” Mr. Obama said. “They are not persuaded that that is a winning argument.”
Alexander Nevsky- Number of posts : 80
Registration date : 2008-09-29
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