Could Biden Invoke 14th Amendment in Debt Ceiling Dilemma? | Compare reporting by reason ReutersPolitics ABC
to solve the debt ceiling dilemma. Some Democrats want to use this amendment to declare the debt ceiling itself unconstitutional. Treasury Secretary Janet Yellen would not say that this option is off the table, but she has stated that using the 14th Amendment could lead to a constitutional crisis.
" Some legal scholars believe that this overrides statutory borrowing limits, such as the debt limit. President Biden plans to meet on Tuesday with leaders in the House and Senate to discuss the debt ceiling and spending.: "Our priority is to make sure that Congress does its job," Yellen said."There is no way to protect our financial system in our economy other than Congress doing its job and raising the debt ceiling and enabling us to pay our bills.
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