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Celerity

(51,432 posts)
27. hopefully it never comes to that, but until I see Biden officially announce he will go the 14th
Tue May 9, 2023, 03:42 AM
May 2023

Amendment route IF need be, nothing is for sure, all due respect to Prof. Tribe.

14th Amendment talk on debt limit viewed with extreme caution by Team Biden

https://thehill.com/homenews/administration/3994500-14th-amendment-talk-on-debt-limit-viewed-with-extreme-caution-by-team-biden/

President Biden and his team are approaching the prospect of a debt ceiling escape hatch that hinges on the 14th Amendment with extreme caution ahead of a pivotal meeting with congressional leaders at the White House on Tuesday. Some officials have openly voiced concerns about the legal standing of using the 14th Amendment to solve the debt crisis and the potential financial ripple effects of going that route. There is also a desire to avoid undercutting talks with lawmakers on either a short- or long-term deal on the debt ceiling by vowing to go around Congress.

While not entirely ruling it out, Biden and other senior officials are hardly embracing the idea, which revolves around language in the 14th Amendment that says the public debt “shall not be questioned.” The idea of using that language to allow Biden to unilaterally continue to issue debt has reportedly been floated privately within the administration.

Treasury Secretary Janet Yellen on Sunday, however, said using the 14th Amendment would trigger a constitutional crisis. She argued lawmakers should not let it get to that point. “There is no way to protect our financial system and our economy other than Congress doing its job and raising the debt ceiling and enabling us to pay our bills,” Yellen said on ABC. “And we should not get to the point where we need to consider whether the president can go on issuing debt. This would be a constitutional crisis.” Yellen would not explicitly say the idea was not being considered but described it as “one of the not good options” if Congress fails to act.

Biden was asked in an MSNBC interview last Friday about using the 14th Amendment and said, “I’ve not gotten there yet.” The president has previously expressed opposition to changes to the traditional debt ceiling process. Asked last October about abolishing the debt ceiling entirely, Biden called the idea “irresponsible.”

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Recommendations

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He makes a very compelling case. Mme. Defarge May 2023 #1
Time to end this madness. Joinfortmill May 2023 #2
I agree with Tribe! BComplex May 2023 #3
Sigh.. TY. I hope the SCOTUS Cha May 2023 #4
I like how Prof. Tribe explained his rationale WestMichRad May 2023 #5
TY.. I was about to ask the OP Cha May 2023 #6
I look at it from a different point of view. grantcart May 2023 #8
TY, grant. Cha May 2023 #14
it sounds to me like the criminals in the House NJCher May 2023 #7
It isn't just the House, the Senate now has a filibuster proof bloc of 43 to block any bill Schumer Celerity May 2023 #16
Or so they think NJCher May 2023 #25
hopefully it never comes to that, but until I see Biden officially announce he will go the 14th Celerity May 2023 #27
Well, of course NJCher May 2023 #28
Let me posit a scenario and see what you think about it. Let's say Biden does go the 14th Amendment Celerity May 2023 #29
jmho, but NJCher May 2023 #30
I don't see Biden acting without going to the court first grantcart May 2023 #31
This SCOTUS? SleeplessinSoCal May 2023 #9
However Harlan Crow tells his 6 to vote. SunSeeker May 2023 #13
I disagree, Crow only has one. Phoenix61 May 2023 #15
Leonard Leo represents billionaires like Harlan Crow. Crow bipassed the middleman with Thomas. SunSeeker May 2023 #17
True, he opted for the direct payment plan. nt Phoenix61 May 2023 #18
None of these greedy f&#*ks NJCher May 2023 #24
good points. n/t SleeplessinSoCal May 2023 #33
If the Largest holder of US Debt, the Japanese, sued to have grantcart May 2023 #26
Very important point. SleeplessinSoCal May 2023 #34
The SC doesn't look at just ideological (or legal issues) grantcart May 2023 #35
GOP way to deflect from themselves IbogaProject May 2023 #10
grantcart..... Upthevibe May 2023 #11
The standing issue alone will frustrate anyone who tries to sue Biden or the Treasury... Silent3 May 2023 #12
Here's the video of Laurence Tribe on with Lawrence O'Donnell, for those who missed it: Rhiannon12866 May 2023 #19
I'll probably watch this again NJCher May 2023 #20
Thanks! I need to watch it again, too! Rhiannon12866 May 2023 #22
Tks grantcart May 2023 #21
You're more than welcome, thanks for your great explanatory OP Rhiannon12866 May 2023 #23
Professor Tribe on Lawrence O'Donnell Kennah May 2023 #32
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