Free Republic 3rd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $18,771
23%  
Woo hoo!! And we're now over 23%!! Thank you all very much!! God bless.

Keyword: mayitbethefinalstraw

Brevity: Headers | « Text »
  • Could Obama Just Ignore the Debt Ceiling? (NYT trial balloon)

    06/28/2011 2:52:34 PM PDT · by reaganaut1 · 75 replies
    New York Times ^ | June 28, 2011 | CATHERINE RAMPELL
    In the ongoing debate over raising the debt ceiling, one option has not had much prominence: whether the Obama administration could ignore it altogether, and just spend the money it owes anyway. Would that be legal? Matthew Zeitlin at The New Republic spoke with a few political scientists, budget wonks and constitutional scholars who argue that it would be. An excerpt: Garrett Epps, a legal journalist and professor at University of Baltimore School of Law, has made an even broader argument in a pair of articles for The Atlantic’s website. In an interview, Epps told me that there was a...