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onenote

(42,829 posts)

6. I'd greatly prefer it doesn't come to that.

Reply to Beachnutt (Original post)

Sun May 21, 2023, 10:56 AM

May 2023

Folks say, "just pay the bills." But with what? The whole point is that there isn't money to pay the bills. Money will have to be borrowed. And who is going to lend money to the US when the authority of executive branch to enter into such loans is unresolved, given that the Constitution expressly gives the authority to borrow to the executive branch.

Folks act like this is a slam dunk solution. It is anything but. So the better option is to find away out of this without invoking the 14th and hoping it doesn't have some of the same disruptive impact on the economy as a default.

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Should President Biden invoke the 14th Amendment [View all] Beachnutt May 2023 OP

I don't know the answer, but that is a new take, an appeal is to claim default is better bucolic_frolic May 2023 #1

Not sure. While I say yes, lawsuits might fly and cause RW SCOTUS to deny it and affirm the RWers. TheBlackAdder May 2023 #2

Enough. It's time to settle this. Buns_of_Fire May 2023 #3

If the shoe was on the other foot would they invoke 14th amendment ? Beachnutt May 2023 #4

In a split-second, of course. Like any good two-year-old, Buns_of_Fire May 2023 #9

The shoe is never on the other foot though. GoodRaisin May 2023 #13

Republicans depend on Democrats to save them. Turbineguy May 2023 #5

I'd greatly prefer it doesn't come to that. onenote May 2023 #6

It's only money. Tetrachloride May 2023 #7

Let's borrow and pay the bills due and Beachnutt May 2023 #8

You kind of missed the point. Who are we going to borrow from and on what terms? onenote May 2023 #18

Did you tell Republicans that when they created the debt? LakeArenal May 2023 #10

Pretty sure both parties "created the debt." onenote May 2023 #19

Invoke the 14th right after the deadline LostOne4Ever May 2023 #11

I believe he has to do whatever he has to do to KentuckyWoman May 2023 #12

Do the discharge petition first, and if that fails, then the 14th amendment JohnSJ May 2023 #14

If there are unknown or unclear possible serious risks nevergiveup May 2023 #15

I trust that he'll do whaever he needs to do to keep us from defaulting. GoCubsGo May 2023 #16

I say yes standingtall May 2023 #17

The problem is the law has been on the books since 1917 Buckeyeblue May 2023 #20

He said he won't Polybius May 2023 #21