Monday, October 7, 2013

Debt Ceiling Prompts Constitutional Debate

The Obama administration says it doesn’t have the authority to continue borrowing if Congress fails to raise the debt ceiling later this month, but some legal observers argue that conflicting commands in the Constitution may give the White House room to maneuver.

Source: http://blogs.wsj.com/law/2013/10/04/debt-ceiling-prompts-constitutional-debate/?mod=WSJBlog

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