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View Diary: House Republicans mock idea to save economy from threat of GOP sabotage (146 comments)

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  •  The administration has categorically said (1+ / 0-)
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    that the President does not believe the 14th Amendment gives him the constitutional authority to ignore the debt limit.

    Q    Okay.  And secondly, can we quickly revisit the debt ceiling question?  You were asked yesterday about whether the President would invoke executive power and the 14th Amendment.  Can you say that --

    MR. CARNEY:  And Peter, with lightning speed, dug up a quote that I thought would take at least a few hours to find.  (Laughter.)  Let me --

    Q    Have you found another one?  (Laughter.)  

    Q    Can you say that the President has ruled that out as an option, or can you say whether there are discussions or studies underway?

    MR. CARNEY:  Let me give you your answer.  I can say that this administration does not believe that the 14th Amendment gives the President the power to ignore the debt ceiling -- period.

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