Do you remember that one time when President Biden said he could challenge the constitutionality of the nation’s borrowing limit? Yeah, that one. According to him, he believes that he has the authority to do so. But wait, there’s more! He also added that he didn’t think it could be done in time. Talk about a bummer, right?
During a news conference at the Group of 7 summit in Hiroshima, Japan, Mr. Biden said, “I think we have the authority. The question is could it be done and invoked in time.” Ah, yes. The age-old question that has plagued philosophers for centuries – could it be done in time? Perhaps, we should consult the ancient texts for an answer.
After the current crisis gets resolved (fingers crossed), he plans to take the matter to court. Apparently, there’s a clause in the 14th Amendment stating that the United States must pay its debts. Who knew, right? But in all seriousness, it’s nice to know that President Biden wants to find a rationale behind the borrowing limit. Let’s hope the courts will see things his way (fingers crossed again).
To make matters worse, Mr. Biden couldn’t even assure world leaders that America wouldn’t default on its debt. Yeah, because that’s reassuring. But in all honesty, the man was probably too busy trying to figure out how to get out of the group pictures without looking too awkward. We’ve all been there, Mr. President.
As if things weren’t already bad enough, Mr. Biden referred to congressional Republicans as outrageous. Ouch. Shots fired. They were demanding cuts to federal spending in exchange for raising the borrowing limit. It makes you wonder, are they trying to negotiate or are they set on starting a literal financial crisis? The world may never know.
In conclusion, President Biden believes he has the authority to challenge the borrowing limit’s constitutionality, but he doesn’t think it can be done in time. He wants to find a rationale behind it all and hopes that the courts will agree with him. Rest assured, he’s not happy about the possibility of a global financial crisis due to a default on federal debt. And if anyone tries to force it, he’ll be sure to call them outrageous (or worse).
Serious News: nytimes
