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debt ceiling thing is funny
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debt ceiling thing is funny# Stock
f*y
1
WASHINGTON (AP) -- House Democrats say President Barack Obama should
consider invoking a little-known constitutional provision to sidestep
Republican demands for major spending cuts as a condition to raising the
debt ceiling.
Twenty-one Democrats say in a letter that they would support the use of any
authority, including the 14th Amendment, to prevent the nation from going
into default, an event that some economists predict could trigger a global
recession.
That post-Civil War amendment states that "the validity of the public debt
of the United States...shall not be questioned."
the last sentence...
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