Fourteenth Amendment to the United States Constitution

No clear path for Obama to act alone on debt ceiling crisis

No clear path for Obama to act alone on debt ceiling crisis

The White House would be taking a risk if it tries to make a constitutional end-run around Congress’ authority to raise the debt ceiling, legal experts said. The “public debt” clause of the 14th Amendment is being cited by a number of lawmakers as giving President Barack Obama a legal way to issue debt and […]