Boehner quits debt talks
Out of context: Reply #41
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- TheBlueOne0
I'm fairly confident after reading the work of a couple of respected Constitutional scholars that their are at least two sections of the Constitution that deal with the guarantee of the US debt. The US debt is guaranteed in two - TWO - sections of the US Constitution - in Article 1 of the original document and again clearly in the 14th Amendment (section 4). This "debt ceiling" is frankly unconstitutional - it's a Congressional restriction not grounded in the text of the Constitution.
I find it interesting that Obama, being the "Constitutional scholar" that he is, isn't taking this tack. He even came out and said that his lawyers said it wasn't a viable option, which he said he "agreed" (sidenote: executive counsel also said he was on flimsy Constitutional ground with the Libya situation, but he said, paraphrasing "sometimes you have to avoid legalities to do the right thing." hmmm. I see).
My hunch is that the discussion really revolved around that the debt ceiling is in fact unconstitutional but Obama's Admin didn't want to take the chance of having that case heard by this uber-rightwing Supreme Court who I am 100% certain would rule against Obama no matter what the Constitution and precedence says - and that's primarily why Obama isn't taking unilateral Executive action on it.