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Does the 14th Amendment Give the President Authority Over the Debt Ceiling? (Audio:Podcast)

As the debt ceiling drama intensifies, might President Biden assert the right to unilaterally raise the debt ceiling based on the 14th Amendment? Such a stunt is almost certainly unconstitutional, according to IPI Resident Scholar Dr. Merrill Matthews. The plain reading of Section 4 of the 14th Amendment refers to existing debt, not issuing new debt. But IPI President Tom Giovanetti wouldn’t put such a stunt beyond Biden, who has already tried to institute policies from the Executive Branch that are clearly outside the Constitution.

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