Quote from AK Forty Seven:
Multiple members of Congress and a former US President says it is.Obama can change his mind and let the court decide.In the mean time the debt limit is raised and The GOP is on record as willing to let the US default and granny cant get her SS .By the time the SC decides Dems will have taken back the House.
the former us president is a disbarred attorney... what he thinks is irrelevant.
this is a legal question that has nothing to do with the 14th amendment.
It has to do with whether the treasury can write checks and the Fed can buy them up or cash them.
Frankly, I think they can. But, I I know the bankers will not want that done so Obama will wind up caving on spending cuts if the Republicans decide to hold firm on cuts.