House Democrat: If Republicans Hold Debt Ceiling Hostage, Invoke 14th Amendment To Raise It

[pnwmom]

14. I read an explanation somewhere of why that wouldn't work -- sorry,

I don't remember the Constitutional details.

HOWEVER, the writer suggested Obama do what Clinton successfully did when it happened to him: let the government shut down, and the Rethugs will quickly roll over. Because the only thing Obama is Constitutionally required to do is pay off the government's debt -- so bondholders come first in line. If there isn't enough left over, then Obama has to stop paying social security recipients, the military, government workers -- it's a nightmare. But it would be a very quick nightmare.

Because everyone would know -- just like they did with Clinton -- that it was the Rethug's fault.