President Joe Biden says he believes he can raise the debt ceiling unilaterally under the 14th Amendment even without GOP support.
“I’m looking at the 14th Amendment as to whether or not we have the authority [to raise the debt ceiling without congressional backing]—I think we have the authority,” Biden said during a May 21 press conference at the G-7 summit in Hiroshima, Japan.
Specifically, Biden is referencing a little-known portion of the 14th Amendment which reads: “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”…