Emerging Constitutional Crisis - Obama Has Power of the Purse?

http://www.google.com/hostednews/afp/article/ALeqM5iMrugGyq_LErhFiY...


If the impasse is not broken, could President Barack Obama simply ignore the ceiling and borrow more money?
Some legal experts believe he could, citing the 14th Amendment to the Constitution, adopted in 1868.
With the country still wrestling with post-war divisions, section four of the amendment was written after politicians from the defeated south sought to block the north's commitment to repay large debts arising from its victorious campaign.
"The validity of the public debt of the United States, authorized by law ... shall not be questioned," it reads.
Neil Buchanan, a professor at George Washington University Law School, said that means the government's obligation to make payments cannot be abrogated by some "arbitrary limit."
"If Congress has enacted laws that create public obligations, then those obligations must be met," Buchanan wrote in a column on Thursday.
Taken a step farther, some suggest, the law may make the debt ceiling itself unconstitutional.
While some have argued that the constitutional clause was specific to the situation of the time, a 1935 Supreme Court ruling established that it still applies, Buchanan said.

More....

Views: 41

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

MAC posted videos
23 hours ago
tjdavis posted photos
yesterday
Doc Vega posted photos
yesterday
Doc Vega posted a blog post

Veteran’s Day a Time That Should Be Honored

 At a time in our confusing and idiotic history when a Democrat can’t define a woman when being…See More
yesterday
Michael A. Pinson posted a photo
yesterday
cheeki kea commented on tjdavis's blog post Mountain Miracle
"Thumbs up to this awesome school. Isn't it amazing that some of the greatest teachers are to…"
Sunday
cheeki kea commented on cheeki kea's photo
Sunday
cheeki kea commented on Doc Vega's blog post This is Incredible! Trump is Already releasing Plans to Dismantle the Deep State and Purge the Corrupt Players
"Oh wow he is not wasting any time. May the power of the words he just spoke resonate across America…"
Sunday
tjdavis favorited cheeki kea's video
Sunday
tjdavis favorited rlionhearted_3's photo
Sunday
tjdavis posted a blog post
Sunday
Doc Vega's 4 blog posts were featured
Saturday
cheeki kea's 2 blog posts were featured
Saturday
Doc Vega commented on tjdavis's blog post Mountain Miracle
"A creative way to get hands on participation with students and the community."
Saturday
Doc Vega favorited tjdavis's blog post Mountain Miracle
Saturday
Doc Vega posted a blog post

The Perfect Lies

The Perfect Lies Time is like an ocean with its secrets running deepLike all the lovers you’ve…See More
Saturday
tjdavis posted blog posts
Saturday
tjdavis posted a blog post
Friday
Doc Vega posted blog posts
Thursday
rlionhearted_3 posted a photo
Thursday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted