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(15,909 posts)

10. We're creating new debt to cover existing obligations

Tue May 9, 2023, 07:24 PM

May 2023

That's what happens when governments sell bonds.

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Laurence Tribe nails it on the debt ceiling. It has always been unconstitutional [View all] applegrove May 2023 OP

It's been all like all the other noise that comes from the GOP. Bluethroughu May 2023 #1

Thank you.. Cha May 2023 #12

Tribe is incorrect - and he very likely knows it FBaggins May 2023 #3

Biden absolutely can ignore the debt ceiling... Silent3 May 2023 #4

Not really - those aren't parallel actions. FBaggins May 2023 #6

If it's found unconstitutional then Elessar Zappa May 2023 #7

Not really a legal argument FBaggins May 2023 #11

I don't see how this is a constitutional violation Shrek May 2023 #9

We're creating new debt to cover existing obligations Silent3 May 2023 #10

The problem with that theory... FBaggins May 2023 #14

It's easy to argue for it Silent3 May 2023 #16

I rather enjoyed how simple and easy his explanation was Kennah May 2023 #15

Why did President Obama, a former law professor, agree to spending cuts Jose Garcia May 2023 #17