Here's how the 14th Amendment factors into the debt ceiling debate
Headline from Local News 8, on the newest of 4 developments
By Tami Luhby, CNN As the stalemate over addressing the debt ceiling continues and the threat of default looms larger, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.
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Ahead of a highly anticipated meeting between President Joe Biden and Congressional leaders on Tuesday, senior Treasury officials reiterated dire warnings of economic "chaos" and "catastrophe" if the US doesn't raise the debt ceiling as the country barrels toward default in early June.
If President Biden can’t come to terms on the budget with Republicans, he indicated he might inve the 14th Amendment and challenge the constitutionality of the debt […]
If the White House is forced to cite the 14th Amendment as it navigates House Republicans’ debt-ceiling hostage-taking gambit, we will have entered a “constitutional crisis…
The Office of Legal Counsel advised former President Obama about whether he could raise the government's borrowing limit unilaterally, but its opinion has never been made public.
With Republicans and the White House at odds over raising the debt ceiling, some have suggested that President Joe Biden invoke the 14th Amendment to issue new debt without authorization from Congress.
President Joe Biden has disputed some of House Speaker Kevin McCarthy's (R-CA) characterizations of their hourlong meeting over the debt ceiling and contradicted a couple of statements the White House has made about his positions.
President Joe Biden said he's "considering" raising the debt limit himself under the 14th Amendment. Senate Republicans see his claim as a "negotiating tactic."
The option to simply declare the debt ceiling unconstitutional has been discussed, but Biden said he’s deeply skeptical of using the 1868 amendment as a short-term fix.
If the fight with Congress over raising the government's debt limit is such a dire threat, why doesn't President Joe Biden just raise the borrowing ceiling himself? It's theoretically possible, but he's skeptical.
The very phrase “debt ceiling” sounds austere and restrictive, as if it’s a lid on government spending. In fact, this cap on US government borrowing affects only the ability to pay existing bills, not to approve more spending.
Some Democrats in Congress and experts are proposing that a provision in the Constitution would allow the president to unilaterally raise the debt ceiling.
WASHINGTON (AP) — If the fight with Congress over raising the government's debt limit is such a dire threat, why doesn't President Joe Biden just raise
The president hasn't ruled out using the 14th amendment, but he sees it as a problematic, untested legal theory to ensure the country can meet its financial obligations.
By Tami Luhby, CNN As the stalemate over addressing the debt ceiling continues and the threat of default looms larger, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.
US President Joe Biden has been considering the "14th Amendment" option to avert a debt ceiling crisis, as the deadline to resolve an impasse on lifting