The Debt Ceiling, Obama & The 14th Amendment
PITTSBURGH (NewsRadio 1020 KDKA) – Does President Barack Obama really need Congressional approval to settle the nation’s debt?
Some experts argue that - according to the U.S. Constitution - the answer is a resounding “No.” They claim that the 14th Amendment, which states that “the validity of the public debt of the United States, authorized by law … shall not be questioned,” makes the debt ceiling itself unconstitutional.
Robert Mangino speaks with Jerry Bowyer, author of The Free Market Capitalist’s Survival Guide, economist, and Forbes.com columnist, about what the Constitution says about the current debt crisis, as well as how it can be resolved.
Listen in to Robert Mangino every weekday on NewsRadio 1020 KDKA from 6 p.m to 10 p.m. for more!