Katrina vanden Heuvel: Invoke the 14th Amendment and Avoid a Default Crisis

Katrina vanden Heuvel: Invoke the 14th Amendment and Avoid a Default Crisis

Katrina vanden Heuvel: Invoke the 14th Amendment and Avoid a Default Crisis

The Nation’s Katrina vanden Heuvel argues that its time for the President to take a leadership role on the debt ceiling and invoke the 14th amendment.

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The United States government is just four weeks away from defaulting on its debt for the first time in its history. Yet Republicans in Congress have shown more interest in sabotaging President Obama’s re-election (and the economy) than raising the debt ceiling and fostering an economic recovery.

In the midist of this political stalemate, The Nation’s Katrina vanden Heuvel argues on MSNBC’s Hardball that President Obama must stop negiotating with the extreme right and instead invoke the 14th amendment and order the government to continue paying its bills.

Kevin Donohoe

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With the midterm elections now firmly upon us, the question is whether Democratic candidates will do more than merely occupy ballot lines as mild alternatives to the red-hot crisis that is Donald Trump.

As Trump spends over $1 billion a day on a globally destabilizing war on Iran and admits that he doesn’t “think about Americans’ financial situation,” millions across the country are struggling with the surging costs of essentials. Democrats must seize this moment and advance bold, small-“d” populist ideas—not settle for cynical caution that once again snatches defeat from the jaws of victory.

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Onward,

Katrina vanden Heuvel
Editor and Publisher, The Nation

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