There should be no doubt that one of the most dangerous aspects of this current debt ceiling deal, is that it set a precedent for Republicans turning every future debt ceiling increase in the future into another hostage situation to force spending cuts. As Republican Senate Minority leader Mitch McConnell put it: “What we have [...]
|By: Jon Walker Wednesday August 3, 2011 1:41 pm|
|By: Jon Walker Wednesday July 6, 2011 12:36 pm|
Perhaps the best way to look at the possibility of President Obama using the 14th amendment to declare the debt ceiling unconstitutional, is not to wonder if Obama has the will to use it, but question whether he has the resolve it would take not use it.