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14th Amendment: Democratic Senators See Debt Ceiling As Unconstitutional

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14th Amendment: Democratic Senators See Debt Ceiling As Unconstitutional  Empty 14th Amendment: Democratic Senators See Debt Ceiling As Unconstitutional

Post by Guest on Tue Jun 28, 2011 10:14 pm

"The validity of the public debt of the United States, authorized by law... shall not be questioned," reads the 14th Amendment.

"This is an issue that's been raised in some private debate between senators as to whether in fact we can default, or whether that provision of the Constitution can be held up as preventing default," Sen. Chris Coons (D-Del.), an attorney, told The Huffington Post Tuesday. "I don't think, as of a couple weeks ago, when this was first raised, it was seen as a pressing option. But I'll tell you that it's going to get a pretty strong second look as a way of saying, 'Is there some way to save us from ourselves?'"

By declaring the debt ceiling unconstitutional, the White House could continue to meet its financial obligations, leaving Tea Party-backed Republicans in the difficult position of arguing against the plain wording of the Constitution. Bipartisan negotiators are debating the size of the cuts, now in the trillions, that will come along with raising the debt ceiling.

http://www.huffingtonpost.com/2011/06/28/14th-amendment-debt-ceiling-unconstitutional-democrats_n_886442.html?ref=tw

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Post by Guest on Tue Jun 28, 2011 10:40 pm

Dam right its unconstitutional! It could be the final nail in the coffin for our economy.

I could be way off here, but in my imagination, I envision post apocalyptic living conditions in a matter of a few years if the debt ceiling is not raised and its allowed to default. We are already in an economic disaster, I cant fathom how the GOP cant see this and how they are willing to let America possibly fail this big when it could of been prevented.

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Post by tristen303 on Wed Jun 29, 2011 1:14 am

The nail in our coffin is the continued entitlement mentality that must be feed. I mean yes let’s keep printing money and handing it out that makes much more sense than taking control of our finances and cutting EVERYTHING nothing to be sacred just like we had too

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