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Keyword: taxationwithout

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  • Is the debt ceiling unconstitutional? [ DNC wants Taxation without representation ]

    06/30/2011 1:35:04 PM PDT · by NoLibZone · 18 replies
    CNN ^ | June 30 2011 | Jeanne Sahadi
    Amid fears the United States risks default if lawmakers don't raise the debt ceiling on time, some are suggesting President Obama could save the day by big-footing Congress. How? By invoking the Constitution and directing Treasury Secretary Tim Geithner to keep borrowing even if it means going past the statutory borrowing limit. Really? They say default -- and by extension, the debt limit -- violates the 14th Amendment. The amendment states: "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion,...
  • Debt ceiling called unconstitutional

    06/30/2011 12:21:14 PM PDT · by edcoil · 30 replies
    yahoo ^ | 6-30-2011 | edcoil
    As both major parties debate their conditions for raising the nation's debt ceiling, some Senate Democrats and constitutional scholars are questioning whether the limit is constitutional in the first place.