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Debt-limit Standoff: Top Democrats Revive 14th Amendment Option to Raise Ceiling
July 29, 2011 President Obama, at the White House, speaks on debt-ceiling negotiations.
By Brad Plumer and Aaron Blake
As lawmakers struggle to resolve the debt crisis, a growing number of observers wonder whether President Obama has one last trump card at his disposal: ignoring the debt ceiling altogether.
Top Democrats are reviving an argument — one that has arisen several times — that the White House could invoke the 14th Amendment of the Constitution to raise the debt ceiling without congressional approval.
“Is there anything that prohibits him from doing that?” Sen. Tom Harkin (D-Iowa) told the newspaper The Hill. “The answer is no.”
