Source: The Atlantic
by Conor Clarke
“With negotiations over the debt ceiling dragging on and the country running low on cash, many Democrats have urged President Joe Biden to take a unilateral action that will make those negotiations moot: Simply declare the debt limit unconstitutional. … There is an excellent reason why this theory has never been tried in any of the dozens of times the country has approached the limit over the past 70 years: It’s wrong. Congress has maintained some form of a debt limit, without constitutional controversy, since the dawn of the republic. According to widely held legal principles, its existence creates no conflict with the Constitution, and the Supreme Court would almost certainly reject any attempt to argue otherwise.” (05/24/23)