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Report1212

(661 posts)
Wed Dec 12, 2012, 10:41 AM Dec 2012

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

Now we're getting serious:

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Some leading Republicans are starting to openly talk of once against holding the debt ceiling hostage in order to get Democrats to agree to painful cuts. Sen. Bob Corker (R-TN) even suggested using the debt ceiling as “leverage” to force Democrats to agree to cuts in Medicare and Social Security Benefits.

House Democrat Peter Welch (D-VT) has had enough with these hostage tactics. This week, he began circulating a letter among his colleagues that asks President Obama to use every means at his disposal — including invoking the 14th amendment — to unilaterally raise the debt ceiling in the event that Republicans once again try to hold it hostage. Here’s a full copy of the letter:

Read more: http://boldprogressives.org/democratic-congressman-if-republicans-try-to-hold-debt-ceiling-hostage-invoke-14th-amendment-and-raise-it-anyway/
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