Debt ceiling talks and the dangerous debate over the 14th Amendment.

Senator Chris Murphy opposes President Joe Biden using the 14th Amendment to unilaterally avert a debt default, stating that it would absolve Congress from being adults. Biden is considering the 14th Amendment option to bypass the ongoing stalemate in Congress over raising the debt ceiling, but regards it as a problematic, untested legal theory. Treasury Secretary Janet Yellen has warned that if Congress doesn't act in time, the US could start defaulting on its debts as early as June 1. House Republicans have been pushing to attach spending cuts to a debt ceiling increase, while Democrats are reluctant to negotiate over whether to pay the country’s bills or default and have insisted on a clean debt limit hike.
- Murphy: 14th Amendment would ‘absolve Congress from being adults’ NBC News
- Biden says US debt ceiling talks are moving along Yahoo Finance
- Murphy mum on whether he’d support Biden invoking 14th Amendment The Hill
- Opinion | The Case for Violating the Debt Limit Is Dangerous Nonsense The New York Times
- Letter: Playing Russian roulette with America's credit Grand Forks Herald
Reading Insights
0
0
2 min
vs 3 min read
79%
552 → 118 words
Want the full story? Read the original article
Read on NBC News