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United States News See other United States News Articles Title: The 14th Amendment Solution
Source:
The New Republic
URL Source: http://www.tnr.com/blog/jonathan-ch ... 47/the-14th-amendment-solution
Published: Jul 6, 2011
Author: Jonathan Chait
Post Date: 2011-07-06 14:32:28 by go65
Keywords: None Views: 2818
Comments: 7
Jack Balkin has delved into the legislative history of the provision of the 14th Amendment requiring the federal government to honors all debts, which the Obama administration may invoke if Congress refuses to lift the debt ceiling. He has a fascinating follow up post replying to some objections. He's arguing that the prospect of a debt default ceiling is extermely similar to the precise scenario the prvovision was designed to stop. Click for Full Text!
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