WhatFinger

Giving the President carte blanche on federal spending is not the way to go, based on the Constitution, and common sense

Debt Ceiling and the 14th Amendment


In June of 2012, Nancy Pelosi proclaimed that the 14th Amendment makes the federal Debt Limit unconstitutional. According to the House Democrat Leader, Barack Obama could avoid the whole debt-ceiling showdown with Republicans by simply invoking the "obscure constitutional provision" in the 14th Amendment of the United States Constitution. According to Pelosi, the statutory borrowing limit is inconsistent with Section 4 of the 14th Amendment, which states that "the validity of the public debt of the United States ... shall not be questioned." Her suggestion comes a year after Bill Clinton said he'd use the 14th Amendment if he were Obama in a 2011 speech.
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