I also promised to link to some analyses of whether President Obama can just disregard the debt ceiling by citing the 14th amendment to the Constitution. the first one is the most authoritative, by a very prominent legal scholar.
- Yes, he can invoke 14th, but not in the way the press is saying.
- No he can’t, says Laurence Tribe, a very liberal legal scholar.
Of course, Republicans would probably try to impeach the President should he do this.