Posted on 05/19/2023 1:15:51 PM PDT by entropy12
Ben Werschkul·Washington Correspondent
The support on Capitol Hill for what was once a fringe legal theory is growing by the hour as the debt ceiling talks head into their final days.
On Thursday, a group of of 11 progressive senators led by Sens. Tina Smith (D-MN), Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) released a new letter to President Biden calling on him to prepare to cancel the debt ceiling by invoking the 14th amendment.
The increased adoption of an idea that could roil markets is a reflection of growing Democratic anxieties that the White House could be preparing for deep compromise as ongoing direct negotiations with representatives of Speaker Kevin McCarthy continue.
(Excerpt) Read more at yahoo.com ...
So are they trying to imply the Republicans are acting as an insurrection? LOL...
Support among Demon Rats.
Two different things
The debt ceiling is a limit on FURTHER spending. It does not negate the existing debt.
If anything, the 14th Amendment would require that debt payments be made a priority over further spending.
Should read: “On Thursday, a group of of 11 [Marxist] senators led by Sens. Tina Smith (D-MN), Elizabeth Warren (D-MA) and Bernie Sanders (I-VT)...”
“Sell Fed lands to the states.”
If you are talkng about any land other than forts, and ports, etc..and are referring to USFS and BLM and Parks etc, it aint theirs to sell.
Those lands are managed under a trust for the public. That trust can, and should be taken away from the feds and given to the local counties. If the counties do not want to manage that trust, then to the states.
There is NO “14th Amendment” solution present for the deficit spending that got us here. There is NONE- not any part of this Amendment could even “trend” from a Constitutional perspective. The Treasurer of the US has PLENTY of money to recognize actual debt— based on the incoming revenue to the US every single day within a month.
The answer is to PAY the debts in Priority- and within the income we have to pay them. Same as any other entity in the US. We can no longer keep expanding the borrowed money from the Fed Reserve only to add more spending of completely political nature. Period. Over and out.
The MONEY is in the Treasury- if the payment of the debts (servicing foreign owned instruments of US debt, US owned debt instruments, and all essential services- US military, national security, and even yes- social security FIRST, then pare back the idiotic unsupportable spending they KNOW we do not have nor need.
This is downright goofy.. If the American people buy this crap, they deserve what they get... :(
Any of you notice it’s senators sending letters to joementia to used the 14 amendment, but not any house members ummm
Correct. To allow federal reparations, the 14th Amendment would have to be repealed or modified.
“Congress shall have the power”
Leftists, Read the 14th. It is very clear. The Predident is no where mentioned in th 14th. It clearly says “congress shall have the power”.
There is no way the SCOTUS could read it otherwise.
There is no way a literate person could read it otherwise.
They brought this crap on themselves then talking about using the 14th to ignore the debt ceiling.
The 14th amendment does not require borrowing money. It only requires paying debt. We can make our debt payments with our actual income collected from taxes, fees, tariffs, etc.
Haha, you clearly don’t know that “shall” means whatever the libtards want it to mean. ;-)
For liberals the constitution is just bumps in road to be avoided.
Senators are more secure with 6 year terms. House reps have to run every 2 years.
If they try it, my guess is the SCOTUS will strike it down within days. Totally unconstitutional. And I suspect the Republicans are already working on the briefs to file.
Was that before or after he changed his soiled diapers?
“I find your lack of faith......disturbing.”
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