Topline
President Joe Biden said Tuesday the White House is “considering” invoking a Civil War-era constitutional amendment as a potential solution to the debt ceiling showdown, marking the first time the president has acknowledged the possibility of declaring the debt ceiling unconstitutional and avoiding a federal default without action from Congress, which is widely considered a long shot.
Key Facts
Biden told reporters at a news conference the Fourteenth Amendment option is on the table, before adding: “I don’t think it solves our problem now.”
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