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There was an editorial I read recently which argued that the President has the authority to raise the debt ceiling unilaterally. The argument was that the 14th Amendment has a clause which states that the validity of the US debt shall never be called into question. To me it makes sense. Washington had war debts to the French for helping in the revolution, and they had more debt from financing a navy and army just prior to the War of 1812. Congress didn't have to approve of any "debt ceiling" then. Why should we now?
Not saying I think the President SHOULD have the authority to do this, but at times when petty children run the government like we have today, it is a last resort to make sure the US debt status isn't messed with.
The text of the 14th amendment states "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
We are arguing of what debt should be authorized by law right now.
The text of the 14th amendment states "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
We are arguing of what debt should be authorized by law right now.
Debt and the limit of that debt are two entirely different issues.
The debt is just that, the amount of money already spent as a result of authorized spending bills. When the government doesn't have enough revenue (taxes) to pay for what it has already spent the government must raise either more revenue either by raising taxes or borrowing to pay for what it has already spent.
The text of the 14th amendment states "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
We are arguing of what debt should be authorized by law right now.
Why should Skippy care if it's legal or not? He attacked Libya w/out Congressional approval...I full expect him to just sign an executive order if it comes down to it.
Why should Skippy care if it's legal or not? He attacked Libya w/out Congressional approval...I full expect him to just sign an executive order if it comes down to it.
Let's be clear, the British and French instigated military action against Libya, the administration supported that objective but the warrant for action was the result of a very united UN that called for action. Now with regards to the War Powers Act, I believe that Obama is wrong in this regard and his explanation the other day was totally inadequate in demonstrating any authority for his actions. All of that maybe too nuanced for this forum, but I think that sometimes it is important to state the facts as they are.
There was an editorial I read recently which argued that the President has the authority to raise the debt ceiling unilaterally. The argument was that the 14th Amendment has a clause which states that the validity of the US debt shall never be called into question. To me it makes sense. Washington had war debts to the French for helping in the revolution, and they had more debt from financing a navy and army just prior to the War of 1812. Congress didn't have to approve of any "debt ceiling" then. Why should we now?
Not saying I think the President SHOULD have the authority to do this, but at times when petty children run the government like we have today, it is a last resort to make sure the US debt status isn't messed with.
Congress controls the purse as per the constitution in fact if anything they debt can be any number just have to devalue your dollar to do it :-)
IE The federal reserve system designed to destroy the value of the dollar for the benefit of the rich who get to use the new money first.
The President can not do anything other then sign bills when it comes to MONEY!
If he does he should be impeached.
Let's be clear, the British and French instigated military action against Libya, the administration supported that objective but the warrant for action was the result of a very united UN that called for action. Now with regards to the War Powers Act, I believe that Obama is wrong in this regard and his explanation the other day was totally inadequate in demonstrating any authority for his actions. All of that maybe too nuanced for this forum, but I think that sometimes it is important to state the facts as they are.
Let's be clear, the British and French instigated military action against Libya, the administration supported that objective but the warrant for action was the result of a very united UN that called for action. Now with regards to the War Powers Act, I believe that Obama is wrong in this regard and his explanation the other day was totally inadequate in demonstrating any authority for his actions. All of that maybe too nuanced for this forum, but I think that sometimes it is important to state the facts as they are.
The Constitution does not yield power to the UN. The CONGRESS speaks for the United States, not Barry. He cannot commit our military or money without approval from THE PEOPLE via the Congress.
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