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brooklynite (86,833 posts)Politico: Biden will not invoke 14th Amendment, deputy Treasury secretary saysPresident Joe Biden will not invoke the 14th Amendment in the debt ceiling fight, Deputy Treasury Secretary Wally Adeyemo said.“I think the president and secretary are clear that that will not solve our problems now. So, yes, that is a no,” Adeyemo said on CNN Friday morning when asked about the issue.White House officials have said they don’t see the 14th Amendment — which says the “validity of the public debt” cannot be questioned — as a viable means of circumventing debt ceiling negotiations. Biden himself has said that he sees a bipartisan deal as the only option to the current standoff, casting doubt on the 14th Amendment as workable in public remarks.Adeyemo’s remarks are the most concrete indication yet that Biden does not plan to use the amendment to solve the nation’s debt ceiling issue. The U.S. risks economic calamity if a debt deal isn’t reached.https://www.politico.com/news/2023/05/26/biden-14th-amendment-debt-ceiling-00098977
TheBlackAdder (26,556 posts) 19. My view is, since it's in the Constitution, Pres. Biden should not have to invoke it..Any failure to pay debts would be the fault of Congress, more specifically the House as they charge the bills.Not paying the US Debt would be their failure. Unfortunately, there are no punishments for not doing it.===If a default occurs and all NO Voters were permanently barred from serving, or were imprisoned, this shit would stop.
I think the president and secretary are clear that that will not solve our problems now. So, yes, that is a no,” Adeyemo said on CNN Friday morning when asked about the issue.
TheBlackAdder (26,556 posts) 19. My view is, since it's in the Constitution, Pres. Biden should not have to invoke it.
He won't need to McCarthy will give him 99% of what he wants.