Could President Biden use the 14th Amendment to head off a debt default? | Poitifact
ensure the formerly Confederate states would not shrink from shouldering Union debts, and that the U.S. would not have to pay reparations to people who had enslaved others.
The relevant part of Section 4 for the current debt battle is: “The validity of the public debt of the United States, authorized by law … shall not be questioned.”Some legal experts see the 14th Amendment as a way to void the debt limit. This would curb the increasingly routine use of the debt limit as leverage in government spending debates and would ease the risks to the broader economy that a purposeful or even an accidental default could cause.
Tribe’s views on the issue have evolved. In 2011, when the U.S. nearly defaulted during a debt-limit fight, TribeThe question, Tribe wrote in a, “is whether Congress — after passing the spending bills that created these debts in the first place — can invoke an arbitrary dollar limit to force the president and his administration to do its bidding. There is only one right answer to that question, and it is no.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
PolitiFact - Could President Biden use the 14th Amendment to head off a debt default?How could a clause in the 14th Amendment shape the battle over the debt limit? The White House is considering invoking the amendment to end the standoff, but courts have rarely ruled on the provision in question.
Baca lebih lajut »
Senator reacts to possibility of Biden invoking 14th AmendmentDemocrat Chris Murphy weighed in as calls mount for President Joe Biden to utilize the Constitution to bypass debt limit talks with Republicans.
Baca lebih lajut »
Treasury official suggests Biden won't use 14th Amendment to avoid debt defaultDeputy Treasury Secretary Wally Adeyemo on Sunday threw cold water on the idea of President Joe Biden invoking the 14th Amendment to avert a debt default.
Baca lebih lajut »
History As It Happens: Section 4 and the debt ceilingAdd today’s hyper-partisanship to the mix of contrasting legal interpretations, and there’s no consensus on whether Biden may raise the debt limit himself to prevent the U.S. from defaulting on its obligations. HistoryAsItHappens podcast
Baca lebih lajut »
WATCH: President Biden Fails to Recognize Leader of Trinidad and Tobago at HBCU GraduationPresident Joe Biden failed to recognize Prime Minister Keith Rowley of Trinidad and Tobago at a graduation ceremony at Howard University on Saturday, during which he warned of the dangers of white supremacy.
Baca lebih lajut »
President Joe Biden speaks at Howard University commencementPresident Joe Biden served as the commencement speaker at Howard University's 155th commencement ceremony at the Capitol One Arena on Saturday.In his address, B
Baca lebih lajut »