Biden says he’s exploring 14th Amendment to defuse debt ceiling standoff
Thursday, May 11, 2023 | Tag Cloud
(Worthy News) – President Joe Biden on Tuesday said he was “considering” the use of the 14th Amendment as a means to circumvent the debt ceiling standoff he currently finds himself in with House Republicans.
But he cast some doubt on whether it could work, saying it would “have to be litigated and in the meantime without an extension it’d still end up in the same place.” The president said he would look at the issue of invalidating the debt ceiling through the 14th Amendment “months down the road.” The amendment states that the public debt of the United States “shall not be questioned.”
Biden also refused to rule out a short-term debt limit increase. [ Source: Politico (Read More…) ]
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