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Posted on 07/20/2011 2:40:16 AM PDT by TigerLikesRooster
Bill Clinton advocates constitutional option on debt ceiling
Former President Bill Clinton said Monday he wouldn't hesitate to raise the debt ceiling without congressional approval--a fraught political course that President Obama has been reluctant to follow as he seeks to broker a deal on spending with Republican leaders.
Clinton told The National Memo he would invoke the constitutional option "without hesitation, and force the courts to stop [him]" if Congress and the White House fail to reach an agreement to raise the debt ceiling by the Aug. 2 deadline when the U.S. Treasury says the government will begin to default on its debts.
That's much stronger language than anything we've heard from the sitting president during the grinding debate over whether and how the debt ceiling can be raised. Some legal thinkers--including, quite clearly, Clinton himself--take the view that the Constitution grants the president the authority to raise the limit by executive order without Congress's approval. The Fourteenth Amendment states: "the validity of the public debt of the United States ... shall not be questioned."
(Excerpt) Read more at news.yahoo.com ...
Failing to raise the debt ceiling does not put us into default. Pay the debt, cut spending and get on with life.
WHo cares about what Clinton would do. The real question is: does he get migraines?
When is “some elected republican” going to take the fight to any of the rat bastards?
LLS
I wouldn’t waste spit on Bill Clinton.
translation: It ain’t Constitutional, but it will likely get you through the next election cycle and maybe two before SCOTUS has to rule on it.
Both were impeached by the House. Both were not convicted by the Senate.
I stand corrected.
Andrew Johnson was not perfect but compared to Clinton he was a saint. Starting with his faithful devotion to his wife.
You mean he wants the unconstitutional subversion of the law Yahoo.
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