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Friday, August 18, 2017
Constitutional Option

Exclusive Bill Clinton Interview: I Would Use Constitutional Option To Raise Debt Ceiling And “Force The Courts To Stop Me”

Follow The National Memo Editor-in-Chief Joe Conason on Twitter: @joeconason Former President Bill Clinton says that he would invoke the so-called constitutional option to raise the nation’s debt ceiling “without hesitation, and force the courts to stop me” in order to prevent a default, should Congress and the President fail to achieve agreement before the […]

July 19, 2011

Report: Geithner Rules Out Constitutional Option on Debt Limit

Treasury Secretary Tim Geithner apparently told lawmakers in the private bipartisan debt ceiling talks yesterday that the so-called Constitutional Option, or invoking the 14th amendment guarantee that “[t]he validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or […]

July 8, 2011