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President Biden said on Sunday that he believed he had the authority to challenge the constitutionality of the nation’s borrowing limit but that he did not believe such a challenge could succeed in time to avoid a default on federal debt if lawmakers did not raise the limit soon.
“I think we have the authority,” Mr. Biden said at a news conference after the Group of 7 summit in Hiroshima, Japan. “The question is could it be done and invoked in time.”
https://www.nytimes.com/2023/05/21/us/politics/biden-debt-limit.html
“I think we have the authority,” Mr. Biden said at a news conference after the Group of 7 summit in Hiroshima, Japan. “The question is could it be done and invoked in time.”
https://www.nytimes.com/2023/05/21/us/politics/biden-debt-limit.html