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The U.S. Constitution provision in the Fourteenth Amendment and the U.S. debt ceiling
07/07/2011
Constitutional scholar Lawrence Tribe says the President would be violating powers given to Congress on public debt if he were to ignore the debt ceiling by citing the constitution. Even if the issue was then resolved by the Supreme Court the damage will have been done as interest rates on U.S. debt would have jumped by then. Tribe quotes Justice John Marshall that "the constitution is not a panacea for every blot on the public welfare." And suggests that Obama's own words about the constitution's function being " to force us into a conversation" about the future," show that the direction to take is to go back to working out the debt ceiling agreement through talks.
Grouped Articles
We Cannot Pretend the Debt Ceiling Is Unconstitutional
New York Times 07.07.2011
The Elmendorf Rule - The Washington Post
Washington Post 07.09.2011
Mr. Obama’s debt deal advice: Give peas a chance - The Washington Post
Washington Post 07.12.2011
Wall Street Journal 07.12.2011
Debt Talks Reflect Tensions Between GOP Leaders
Wall Street Journal 07.12.2011
Budget Talks Beginning to Take On a Testy Air
New York Times 07.11.2011
McConnell outlines new proposal on debt ceiling - The Washington Post
Washington Post 07.13.2011
Top Democrats laud GOP debt-ceiling move - The Washington Post
Washington Post 07.14.2011
Drama Level Rises, but Signs of Movement
Wall Street Journal 07.14.2011
Fast-Changing Political Climate Upends Debate
Wall Street Journal 07.14.2011
Wall Street Journal 07.14.2011
As White House talks falter, Senate works on framework to raise debt limit - The Washington Post
Washington Post 07.15.2011
Post-ABC poll: GOP too dug in on debt talks; public fears default consequences - The Washington Post
Washington Post 07.20.2011
New York Times 07.21.2011
New York Times 07.21.2011
Threat of Mutiny in Both Parties Helped Scuttle Talks
Wall Street Journal 07.23.2011
Using 14th Amendment to Raise the Debt Ceiling
New York Times 07.24.2011
Working With New Script to Stop a Train Wreck
New York Times 07.24.2011
Q. and A. on the U.S. Debt Ceiling
New York Times 07.27.2011
Debt-limit debate: House passes revamped bill; Senate immediately tables it - The Washington Post
Washington Post 07.30.2011
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