Congress must raise the debt ceiling on our nation’s borrowing limit or we will default on loans and risk damaging the nations credit and thus people’s willingness to invest and trust the American government. Senate Democrats along with President Joe Biden are currently refusing to negotiate with Republicans on the raising the limit and would rather risk a Constitutional crisis if the President invokes the 14th Amendment.
With a potential default looming, the Democrats are stubbornly not willing to negotiate with Republicans and would rather have the President use the 14th Amendment to solve the problem. However, if Biden invokes the 14th Amendment, this would most certainly trigger a Constitutional crisis which would be decided in the Supreme Court where a 6-3 conservative majority would rule.
During an interview with MSNBC’s Stephanie Ruble, she asked was he “prepared to invoke the 14th Amendment and blow through the debt ceiling?”
“I’ve not gotten there yet,” Biden answered but many Senate Democrats are pressuring the President to use the “nuclear” option and completely bypass Congress.
Democrat Senator Elizabeth Warren recently said, “The 14th Amendment is not anyone’s first choice. The first choice is that the Republicans raise the debt ceiling because the United States government never, ever, ever, ever defaults on its legal obligations. But if Kevin McCarthy is going to push the United States over a cliff, then it becomes the president’s responsibility to find an alternative path.”
Democrat Senator Dick Durbin also urged the President in an interview, “I personally feel that we should test that and I think that the language is very explicit in that amendment,” however he acknowledged that there would be numerous court challenges.
According to Senator Brian Schatz (D-Hawaii) “MAGA wants a default. It’s everybody else’s responsibility to prevent one, unless we repeal all the things that we enacted last Congress, which is essentially the same as asking for a default.”
The Democrats are unwilling to acknowledge how the past few years of unbelievably reckless spending needs to be curtailed and will not concede to a reduction in spending if it is in any way shape or form tied to a debt ceiling bill.