Yellen on Debt Ceiling: Biden Invoking
14th Amendment ‘Not Good’ But Possible
Emergency Option
Breitbart Clips,
by
Pam Key
Original Article
Posted By: Imright,
5/7/2023 8:27:32 PM
Treasury Secretary Janet Yellen said Sunday on ABC’s “This Week” that President Joe Biden invoking the 14th Amendment to address the debt ceiling was a “not good” emergency option that could cause a “constitutional crisis.”
Anchor George Stephanopoulos said, “Of course, there’s always the chance for this negotiation that you don’t reach a deal, and then it comes back to the president. He said on Friday night that he is not ready. The 14th Amendment that it should not be questioned. And the implications would be the United States would continue to issue debt, saying it is unconstitutional not to. The president says he is not ready to do that, but
Reply 1 - Posted by:
mean Gene 5/7/2023 8:42:40 PM (No. 1464997)
There is nothing in the 14th Amendment that could be reasonably applied to this situation
There is adequate revenue to honor all our actual debts; the US will receive some $5.2 Trillion.
SSI will pay out $1.2 trillion, Medicare $1.3 Trillion, Interest on the debt $0.8 Trillion, Military $1 Trillion - that leaves $0.9 Trillion for discretionary spending and most of that can be put on hold.
There is no obligation to pay for existing discretionary spending programs.
25 people like this.
Reply 2 - Posted by:
Geoman 5/7/2023 8:58:55 PM (No. 1465001)
FTA: "Yellen said, “Our priority is to make sure that Congress does its job."
Members of the Executive Branch under Biden have used this phony mantra, that they can determine the "job" of the Legislative Branch on a number of issues over the past two years. The Constitution gives the House the power of the purse, and in no way is there any inkling that any president can dictate to Congress with regard to revenue and spending. The 14th amendment cannot Trump the plain language of Articles 1 and 2 (describing the duties and authorities of the Legislative and Executive Branches) of our Constitution; however, it might take the Supreme Court weighing in to block Biden's administration from ignoring the Constitution and imposing additional debt by fiat. Every citizen of this country must be ready to actively and vigorously oppose any such attempts of the Biden democrats. By the way, the Supreme Court represents and is the pinnacle of the Judicial Branch, as it is described in the Constitution but the democrat party is not mentioned nor is it enshrined therein.
19 people like this.
Reply 3 - Posted by:
Lawsy0 5/7/2023 10:15:07 PM (No. 1465028)
It would be better if we could Invoke the 25th Amendment!
22 people like this.
I am baffled by how they think this amendment would apply. If you think about it, they want the debt ceiling raised so they can deprive us of our hard earned money, and that would make Biden's policies unconstitutional. But then Biden has been a corrupted thief for a very long time.
13 people like this.
Reply 5 - Posted by:
Venturer 5/7/2023 10:57:27 PM (No. 1465058)
Raising the debt limit every year has to stop.
Printing more dollars has to stop.
It cannot go on and our country survive.
14 people like this.
Reply 6 - Posted by:
DVC 5/8/2023 1:08:37 AM (No. 1465084)
The "14th Amendment"? What a crock.
It has nothing at all to do with this situation.
8 people like this.
Reply 7 - Posted by:
DVC 5/8/2023 1:22:02 AM (No. 1465094)
ONLY Congress can spend money or incur debt, and ALL money bills absolutely must originate in the House, cannot originate in the Senate. The Executive Branch does NOT have that power to create debt, or spend money without Congressional legislation.
9 people like this.
Reply 8 - Posted by:
danu 5/8/2023 2:04:05 AM (No. 1465102)
dear lord. pls send forth your angelic legions to defeat clown world pdq. amen.
10 people like this.
Reply 9 - Posted by:
franq 5/8/2023 5:58:12 AM (No. 1465150)
Chapter 6 in "How Empires Fall".
3 people like this.
Reply 10 - Posted by:
LadyVet 5/8/2023 6:22:07 AM (No. 1465159)
Janet Yellen is proving herself to be a dull-witted bureaucrat. There does not seem to be any creative thinking coming from her.
I am beginning to suspect that her head is approaching the same cobweb heaven as her boss.
4 people like this.
Reply 11 - Posted by:
Bur Oak 5/8/2023 7:51:12 AM (No. 1465204)
Janet Yelllen reminds me of Aunt Clara (Marion Lorne) from the TV show Bewitched.
4 people like this.
Reply 12 - Posted by:
felixcat 5/8/2023 8:03:36 AM (No. 1465216)
Let's just scrap all the other amendments as the 14th seems to be the catch-all for everything. /sarc
1 person likes this.
Reply 13 - Posted by:
czechlist 5/8/2023 9:50:36 AM (No. 1465299)
"Insanity: doing the same thing over and over again and expecting different results."
"We cannot solve our problems with the same thinking we used when we created them."
Albert Einstein
2 people like this.
Reply 14 - Posted by:
Starboard_side 5/8/2023 10:58:46 AM (No. 1465356)
#1, the one and only thing they need to ensure is paid, is the interest on the debt, which is the only thing that could be "defaulted" on.
All others can operate like other times based on an agreement once they've secured the taxes or debt ceiling room to allocate.
Sure wish the GOP would hammer away at why they don't have the requisite debt ceiling room to pay for everything, and that's due to the reckless spending deal in the previous Congress who allocated funds irresponsibly since they didn't have the means to cover that spending.
Let those Republican Senators who went along with that reckless spending deal to explain for themselves why that was a good thing.
2 people like this.
Reply 15 - Posted by:
doctorfixit 5/8/2023 11:54:56 AM (No. 1465399)
Then why all the kabuki theater, if Biden can unilaterally borrow money on behalf of the US?
Debt ceiling, bill paying, default. Three completely unrelated concepts.
0 people like this.
Reply 16 - Posted by:
LC Chihuahua 5/9/2023 10:32:52 AM (No. 1466143)
14th amendment?
Guessing their logic is not raising the debt limit would be racist because it would hurt minorities most.
Can't have any racism!
Biden's not making the decision anyway.
The decision will be made by the destroyers that installed him.
To them, debt and inflation are good things.
It helps destroy our country.
Too many dumb dishonest people seem to think we can print our way to prosperity.
0 people like this.
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