🇺🇸💰⚖️ 4th Amendment Pilikia Stay Even Aftah Debt Limit Deal, Brah!
Biden get plenny things fo’ tink about fo’ challenge da constitutionality of da debt limit fo’ stop da kine risk of default, ah? 🤔💭📝 We goin’ keep you updated as da House get ready fo’ vote on top da debt limit deal. 🗳️🏠📈
Da agreement dat Biden wen’ make wit’ House Republicans fo’ raise da debt limit stay tryna stop one super big kine default on top our nation’s debt. But da brinkmanship dat wen’ almost make U.S. no can pay da bills stay making people call fo’ da Biden administration fo’ stop da debt ceiling from continuing fo’ be one political tool. 🇺🇸💸🛠️
Even aftah Biden wen’ say dis year dat he not goin’ talk story about spending cuts in exchange fo’ raising da debt limit, Biden wen’ do exactly dat. Da deal get spending caps an’ pulls back some of da president’s policy priorities in exchange fo’ suspending da debt limit fo’ two years. 🎯💡⏳
Da bill, which da House stay expected fo’ bring to a vote on Wednesday, has opened da door again fo’ da debt limit fo’ be one forever kine point of leverage dat lets da party in da minority — in dis case, da Republicans — fo’ use da borrowing cap fo’ pull out legislative concessions. 🏛️🔁🎲
Dass why get plenny questions about whethah get one way fo’ stop anoddah episode like dis one — by getting rid of da debt ceiling or using da 14th Amendment fo’ make da statutory limit unconstitutional. Biden nevah challenge da constitutionality of da debt limit dis time, but he hint hint last week dat he get da power fo’ do so an’ might try fo’ use um in da future. 🎯🔍💡
Biden talk at one news conference in Japan aftah a leaders’ meeting from da Group of 7 nations, “My hope and intention is when we resolve this problem, I’d find a rationale to take it to the courts to see whether or not the 14th Amendment is, in fact, something that would be able to stop it.” 🗾🌐💼
Da president talk on Sunday dat any talk story about whethah fo’ invoke da 14th amendment not imminent. “Dass anoddah day,” he said. The 14th Amendment has been floated as a potential solution to avoiding future debt limit fights because it includes a clause stating that “the 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 rebellion, shall not be questioned.” 📜🤷♂️📅
Some legal scholars say dat clause overrides the statutory borrowing limit, which is set by Congress and can be lifted or suspended only with lawmaker approval. The Biden administration has been studying whether it could use the 14th Amendment to circumvent Congress on the basis that it would be a violation of the law for the federal government not to pay its bills on time. 📚🔬⏳
When and how Biden might try to carry out that legal test could affect how his legislative agenda holds up in a potential second term and how future presidents navigate budget negotiations when a party in the minority appears willing to risk a default. 🗓️🚦🔄
This month, the National Association of Government Employees union filed a lawsuit in a district court in Boston challenging the constitutionality of the debt limit statute and seeking to prevent the federal government from suspending certain operations if the debt limit were breached. ⚖️👥📚
However, after the agreement was reached, department lawyers asked for a hearing that was scheduled for Wednesday to be postponed. The judge, Richard Stearns, agreed to postpone it indefinitely and allowed the Biden administration to avoid laying out its legal rationale. 🚫⚖️⏱️
Despite studying the merits of invoking the 14th Amendment, Biden administration officials have expressed concerns that using it to circumvent Congress would set up a legal fight that could sow uncertainty, rattling financial markets and the economy, even if the federal government appeared to be paying its debts. 🎢💡🌐
Even though this debt limit standoff seems to be resolved, get future fights coming. The agreement suspends the borrowing cap only until January 2025, leaving open the possibility that Mr. Biden will have to face the threat of default early if he wins a second term. 🚧⏰💰
He added, “As long as the debt limit statute remains on the books as is, this game of political football will continue to threaten our members and the country.” 🏈📚🚨
NOW IN ENGLISH
🇺🇸💰⚖️ 14th Amendment Dilemma Persists Even After Debt Limit Deal, Folks!
Biden has much to ponder on challenging the constitutionality of the debt limit to avert the risk of default, doesn’t he? 🤔💭📝 We’ll keep you informed as the House prepares to vote on the debt limit deal. 🗳️🏠📈
The agreement that Biden struck with House Republicans to raise the debt limit aims to prevent a catastrophic default on our nation’s debt. However, the brinkmanship that almost led to the U.S. being unable to pay its bills has led to calls for the Biden administration to end the debt ceiling’s role as a political tool. 🇺🇸💸🛠️
Despite declaring earlier this year that he wouldn’t entertain spending cuts in exchange for raising the debt limit, Biden did exactly that. The deal involves spending caps and scaling back some of the president’s policy priorities in exchange for suspending the debt limit for two years. 🎯💡⏳
The bill, expected to be put to a vote in the House on Wednesday, once again makes the debt limit a perennial point of leverage, allowing the minority party—in this case, the Republicans—to use the borrowing cap to extract legislative concessions. 🏛️🔁🎲
This leads to many questions about whether there’s a way to prevent a repeat of this scenario—either by abolishing the debt ceiling or using the 14th Amendment to deem the statutory limit unconstitutional. Biden didn’t challenge the constitutionality of the debt limit this time, but he hinted last week that he has the power to do so and might try to use it in the future. 🎯🔍💡
Biden stated at a press conference in Japan following a leaders’ meeting of the Group of 7 nations, “My hope and intention is when we resolve this problem, I’d find a rationale to take it to the courts to see whether or not the 14th Amendment is, in fact, something that would be able to stop it.” 🗾🌐💼
The president clarified on Sunday that any discussion about invoking the 14th amendment isn’t imminent. “That’s another day,” he said. The 14th Amendment has been floated as a potential solution to avoiding future debt limit fights because it includes a clause stating that “the 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 rebellion, shall not be questioned.” 📜🤷♂️📅
Some legal scholars argue that this clause supersedes the statutory borrowing limit, which is set by Congress and can be raised or suspended only with lawmaker approval. The Biden administration has been investigating whether it could use the 14th Amendment to bypass Congress on the grounds that it would be a violation of the law for the federal government not to pay its bills on time. 📚🔬⏳
When and how Biden might attempt to conduct this legal test could impact how his legislative agenda fares in a potential second term and how future presidents navigate budget negotiations when a minority party appears willing to risk a default. 🗓️🚦🔄
This month, the National Association of Government Employees union filed a lawsuit in a district court in Boston challenging the constitutionality of the debt limit statute and seeking to prevent the federal government from suspending certain operations if the debt limit were breached. ⚖️👥📚
However, after the agreement was reached, department lawyers asked for a hearing that was scheduled for Wednesday to be postponed. Judge Richard Stearns agreed to postpone it indefinitely, allowing the Biden administration to avoid articulating its legal rationale. 🚫⚖️⏱️
Despite studying the benefits of invoking the 14th Amendment, Biden administration officials have voiced concerns that using it to circumvent Congress could instigate a legal battle that might create uncertainty, unsettling financial markets and the economy, even if the federal government appeared to be paying its debts. 🎢💡🌐
Though this debt limit standoff appears to be resolved, future confrontations loom. The agreement only suspends the borrowing cap until January 2025, leaving open the possibility that Mr. Biden will have to confront the threat of default early if he wins a second term. 🚧⏰💰
He added, “As long as the debt limit statute remains on the books as is, this game of political football will continue to threaten our members and the country.” 🏈📚🚨
