In the 14 amendment, there is a line that the validity of the debt should not be questioned. Democrats argue that the amendment effectively makes the debt ceiling unconstitutional. Some believed that the White House would use that in the event of no deal during the debt ceiling negotiations last year. However, they are now, like they did last year, ruling out the 14 amendment. The news comes from White House spokesman Jay Carney.Jay Carney Rules Out 14 Amendment for Fiscal Cliff
In the 14 amendment, there is a line that the validity of the debt should not be questioned. Democrats argue that the amendment effectively makes the debt ceiling unconstitutional. Some believed that the White House would use that in the event of no deal during the debt ceiling negotiations last year. However, they are now, like they did last year, ruling out the 14 amendment. The news comes from White House spokesman Jay Carney.