A leadership default

From NM Politics.net - by Tom Mullins - Article I, Section 7 of the Constitution reads, “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.” Article I, Section 8 reads that the Congress shall have the power “To borrow Money on the credit of the United States.” Some have proposed that the president can authorize the U.S. Treasury to raise the debt ceiling unilaterally under Section 4 of Amendment XIV to the Constitution, which reads, “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.” Proponents of this solution fail to read Section 5 of Amendment XIV, “The Congress shall have the power to enforce, by appropriate legislation, the provisions of this article.” As a representative democracy, we the people have given authority to our elected representatives, specifically House members, to govern and make the difficult decisions required to maintain the full faith and credit of our nation. The can we have kicked down the yellow brick road is more worn than stimulus-funded resurfaced asphalt. One of the $350,000 federally funded snow plows may have eaten the can. Since politicians are always thinking of the next election, they need a reminder from you that they must balance both sides of the ledger. There are not enough millionaires and billionaires available to confiscate their wealth. Read more

A leadership default