[rarestia]

I’ve heard this bandied about a lot lately.

Where in the 14th amendment does it say that the Executive branch is allowed to usurp control of the country’s finances at a whim?

[Principled]

Clinton is goading his “friend” into suicide.

[LOC1]

This is a really dumb idea. If Obama tried this, the Supreme Court would clearly find it to be unconstitutional. That means that all of the US debt issued during the time that Obama exercised this approach would be invalid. Talk about ruining the US AAA rating, that would surely do it.

[rogue yam]

So...uh, who’s the Senator?

[Bob Buchholz]

House Republicans need to put it out without equivocation that any attempt to subvert the Constitution in this manner will result in an IMMEDIATE impeachment vote.

[MNJohnnie]

I think 0 is listening to Clinton and Clinton is out to destroy 0. This “change the goal posts at the last minute to destroy the deal” is the exact same move Clinton pulled in 1995. I think Clinton is egging on 0 to commit political suicide as pay back for beating Hillary in 2008

[shield]

it’s a lie...no place in the 14th amendment does the executive branch have that authority....let ‘em do it then the house will have no choice but move to impeach.

[dagogo redux]

Obama: our first post-Constitutional President.

[Hawthorn]

Ugh! Another video clip! I sure wish FR had a rule that video clips must be clearly labeled, so that folks like me can avoid them.

[rollo tomasi]

HOR will announce to the world (While they stall appropriating funds to the Executive Branch's travel budget but appropriate funds for other areas a National importance) that America has no King. Also, read the first sentence in Sec. 4, paying attention to the “authorized by law” part. Sec 5 also is the fly in the ointment of the tyrannical power grab by the President.

USSC court would knock this down ASAP, meaning weeks, since this would be a huge priority. Obama would look foolish and desperate to a lot of independent voters. Hell, it might wake up the tens of millions who don't even vote.

[mrsmith]

Hmmm....

The Fed Reserve would be the only ones who’d buy the debt.
The rest of the bond market wouldn’t touch it.

Then, when congress didn’t retroactively authorize it the Fed would take the loss.

What a platform for Dems to run on: “Vote for me to tax you for the Federal Reserve’s sake!”

[so_real]

My pitchfork is all clean and shiny. And, I've plenty of torches to go around.

[Georgia Girl 2]

Use the 14th Ammendment, raise the debt ceiling, deal with impeachment proceedings.

[CharlesWayneCT]

They won’t do this because it won’t help. It’s not raising the debt ceiling that markets are looking for, it’s that we have a plan to stop raising the debt ceiling.

If we just raise the debt ceiling whenever we hit it, there is no ceiling, and therefore no reason to believe we won’t keep borrowing until we can’t pay anymore. That is what will kill our economy.