Cold Water on the "Constitutional Option"

Reporting on Politics and Policy.
July 7 2011 1:36 PM

Cold Water on the "Constitutional Option"

116039720
Getty Images

Those who think the president can say that the 14th Amendment allows the government to keep creating debt beyond the debt limit were dealt a blow just now, when Barney Frank derided the idea in a hearing called by Democrats.

"I think it would cause a great crisis in our democracy" if debt was created without a rise in the debt limit, Frank told economist Bruce Bartlett, a former Republican who has been talking up the "constitutional option." Frank simply didn't see a way for this to work, and warned of political disaster.

Advertisement

"The anger in the country, the political bitterness and the vitriol, would be amplified," he said, "and you'd let people off the hook for their irresponsibility."

David Weigel is a Slate political reporter. 

TODAY IN SLATE

Foreigners

More Than Scottish Pride

Scotland’s referendum isn’t about nationalism. It’s about a system that failed, and a new generation looking to take a chance on itself. 

IOS 8 Comes Out Today. Do Not Put It on Your iPhone 4S.

Why Greenland’s “Dark Snow” Should Worry You

How Much Should You Loath NFL Commissioner Roger Goodell?

Here are the facts.

Three Talented Actresses in Three Terrible New Shows

Science

The Human Need to Find Connections in Everything

It’s the source of creativity and delusions. It can harm us more than it helps us.

Jurisprudence

Happy Constitution Day!

Too bad it’s almost certainly unconstitutional.

The Ungodly Horror of Having a Bug Crawl Into Your Ear and Scratch Away at Your Eardrum

My Father Was James Brown. I Watched Him Beat My Mother. Then I Married Someone Like Him.

  News & Politics
The World
Sept. 17 2014 4:08 PM How Teflon Is Vladimir Putin's Popularity?
  Business
Business Insider
Sept. 17 2014 1:36 PM Nate Silver Versus Princeton Professor: Who Has the Right Models?
  Life
Outward
Sept. 17 2014 1:59 PM Ask a Homo: Secret Ally Codes 
  Double X
The XX Factor
Sept. 17 2014 4:36 PM Is Nonfiction the Patriarch of Literary Genres?
  Slate Plus
Slate Fare
Sept. 17 2014 9:37 AM Is Slate Too Liberal?  A members-only open thread.
  Arts
Brow Beat
Sept. 17 2014 4:07 PM Kern Your Enthusiasm: The Genius of Jenson’s Roman
  Technology
Future Tense
Sept. 17 2014 12:35 PM IOS 8 Comes Out Today. Do Not Put It on Your iPhone 4S.
  Health & Science
Bad Astronomy
Sept. 17 2014 11:18 AM A Bridge Across the Sky
  Sports
Sports Nut
Sept. 17 2014 3:51 PM NFL Jerk Watch: Roger Goodell How much should you loathe the pro football commissioner?