Will debt ceiling standoffs become the new norm?
President Joe Biden has said he will explore challenging the constitutionality of the debt ceiling. Legal experts say the undertaking is problematic.
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President Joe Biden has said he will explore challenging the constitutionality of the debt ceiling. Legal experts say the undertaking is problematic.
Some experts point to Section 4 of the 14th Amendment as the basis of their argument that the president has the authority to order the nation's debts be paid regardless of the debt limit
US President Joe Biden has been ‘considering the 14th Amendment’ to avert a debt ceiling crisis, as the deadline to resolve an impasse on lifting the borrowing limit fast approaches.
Some legal scholars say a clause in the 14th Amendment could mean the president can bypass Congress and clear the way for more debt to be issued. Others are dubious.
Some legal scholars say a clause in the 14th Amendment could mean the president can bypass Congress and clear the way for more debt to be issued. Others are dubious.