I have a funny feeling that 14th Amendment in the United States Constitution will come to play in debt ceiling discussion with the president and congress. The deadline for debt ceiling to be raised is on August 2, 2011.
The United States Constitution:
14th Amendment: Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
Here is twitter feedback on the 14th Amendment.
JaredWalczak Jared Walczak
Treasury takes 14th Amendment "option" off the table:bit.ly/nlj4wA. Constitutionally correct; perhaps indication deal is close, too?
tnr The New Republic
Obama nixes the #ZeitlinOption; "14th Amendment to the U.S. Constitution does not allow the President to disregard the statutory debt limit"
tips620 Patriotic Lady
Rep. Tim Scott Floats Impeachment If Obama Invokes 14thAmendment On Debt Limit huff.to/pCqAKx #tcot #p2 @DarrellIssa
mchesner mchesner
There is a movement starting to invalidate the debt ceiling by invoking the 14th amendment. Interesting and disturbing.huffingtonpost.com/2011/06/28/14t…
FoxBizVideo Fox Business Video
Will the president use the #14th amendment to raise the debt ceiling. Judge Napolitano sounds off fxn.ws/p9RU7J
nmosvick Nicholas Mosvick
White House thankfully declines to use insane Garret Epps theory of Sec. IV, 14th Amendment for increasing debt ceiling:bit.ly/qYt5Qc
ACUConservative The ACU
Keep your hands off our constitution! The Left’s 14th AmendmentPloy in the debt negotiations. bit.ly/qXYsO3
4danlopez Dan Lopez
The WH has reportedly agreed NOT to use the 14th Amendment to raise the debt ceiling and continue borrowing.
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