Gunny
10-10-2021, 08:38 PM
Doesn't Congress have to agree before it becomes "public debt"? And "John Q Public" HERE hasn't okayed a single government expenditure. Didn't know the government's spending being dumped on the public was codified in law. Must have slept through that class.
OAN Newsroom
UPDATED 3:26 PM PT – Sunday, October 10, 2021Treasury Secretary Janet Yellen said the U.S. should never be in a position where they consider revoking the Fourteenth Amendment to avoid the debt limit. During an interview on Sunday, Yellen said the White House interfering in matters of debt would be a “disastrous situation.”
Experts have discussed the possibility of the Biden White House using the amendment to quell the congressional fight on extending the debt ceiling. They cited Section Four of the Fourteenth Amendment by saying the public debt of the U.S. shall not be questioned.
Yellen went on to stress Congress has the responsibility to put the debt fight to bed.
“Well because its Congress’ responsibility to show that they have the determination to pay the bill that the government amasses,” she stated. “We shouldn’t be in a position where we need to consider whether or not the Fourteenth Amendment applies.”
Meanwhile, Yellen remains confident lawmakers from both sides could reach a compromise by the deadline to vote on raising the debt ceiling on December 3.
https://www.oann.com/yellen-the-u-s-should-never-be-in-the-position-to-invoke-14th-amendment-on-extending-debt-limit/
OAN Newsroom
UPDATED 3:26 PM PT – Sunday, October 10, 2021Treasury Secretary Janet Yellen said the U.S. should never be in a position where they consider revoking the Fourteenth Amendment to avoid the debt limit. During an interview on Sunday, Yellen said the White House interfering in matters of debt would be a “disastrous situation.”
Experts have discussed the possibility of the Biden White House using the amendment to quell the congressional fight on extending the debt ceiling. They cited Section Four of the Fourteenth Amendment by saying the public debt of the U.S. shall not be questioned.
Yellen went on to stress Congress has the responsibility to put the debt fight to bed.
“Well because its Congress’ responsibility to show that they have the determination to pay the bill that the government amasses,” she stated. “We shouldn’t be in a position where we need to consider whether or not the Fourteenth Amendment applies.”
Meanwhile, Yellen remains confident lawmakers from both sides could reach a compromise by the deadline to vote on raising the debt ceiling on December 3.
https://www.oann.com/yellen-the-u-s-should-never-be-in-the-position-to-invoke-14th-amendment-on-extending-debt-limit/