Union files lawsuit to eliminate US debt limit ahead of potential default.

1 min read
Source: Reuters
Union files lawsuit to eliminate US debt limit ahead of potential default.
Photo: Reuters
TL;DR Summary

The National Association of Government Employees (NAGE) has filed a lawsuit claiming that the US debt limit law is unconstitutional and violates the separation of powers. The union is seeking to strike down the law setting a debt limit and to block the Biden administration from limiting borrowing in the event of a default so it can continue funding government agencies. The US could run out of cash to meet its obligations as early as June 1, and the union is seeking an order temporarily blocking the debt limit law while the case proceeds.

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