Bill Clinton: I Would Raise Debt Ceiling And ‘Force The Courts To Stop Me’
Former president Bill Clinton said he’d solve the debt crisis Old School Style: just raise the roof. In an interview with the National Memo, Clinton said he believed a deal would be struck before August 2, but if he were in charge, and both sides failed to reach an agreement, he would simply raise the debt ceiling himself using powers granted under the 14th amendment of the Constitution. The amendment says that the validity of the public debt shall not be questioned. Clinton said he’d “force the courts to stop me.”
“I think the Constitution is clear and I think this idea that the Congress gets to vote twice on whether to pay for [expenditures] it has appropriated is crazy,” Clinton said.
Clinton argues that raising the debt ceiling is misunderstood to be an effort to spend more, rather than simply–in his opinion–to pay the nation’s debts:
I think [the Gingrich Republicans] figured I’d be smart enough to explain to the American people that they were refusing to pay for the expenses they had voted for when Ronald Reagan and George H.W. Bush were president. And that would make ’em look bad,” the president said, explaining why he thinks Republicans in the mid-1990s did not force the issue on him the way the current Republicans have on Mr. Obama.
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