MSN is clinically insane (article re: Debt Limit)

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The other more realistic option is for Biden to simply order the government to keep borrowing money. To do so he could invoke the 14th Amendment of the Constitution, Section 4, which states, “The validity of the public debt of the United States … shall not be questioned.”

According to a New York Times story this week — which seems like a trial balloon — the Biden administration is seriously considering such a tactic. The idea is not without problems: Republicans in Congress would almost certainly bring a legal challenge, and while the case winds its way through the legal system for an almost certain stop at the Supreme Court, it would likely raise borrowing costs.

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What about the legal challenges to executive action? The court’s more right-wing members (Thomas, Alito, possibly Gorsuch) would likely vote to strike down Biden’s order, creating more economic havoc. But if the court wants to neutralize the growing public anger over last year’s decision overturning Roe v. Wade — and the now steady drumbeat of ethics scandals — not plunging the country into economic ruin would be an excellent place to start. Upholding Biden’s order or taking a legal out and saying that no one has standing to challenge the president’s decision would surely take public pressure off the high court. And the move would reassure financial markets that the country will never have to go through the charade of debt limit politics again.

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