Posts tagged Fiscal Responsibility Act
Court sides with Biden administration in dismissing federal employee union’s effort to eradicate debt default threat
October 20, 2023 // NAGE argued the debt ceiling should not stand for several reasons. Congress sets funding priorities, the union said, and a default scenario that requires the president to pay down some obligations and not others undermines that constitutional structure. Complying with the debt ceiling is inherently unconstitutional, therefore, unless and until Congress sets a roadmap for the exact spending schedules during a default. Similarly, the union argued, the president cannot simply cease making all payments during a default because the 14th Amendment to the Constitution prohibits the government from failing to pay its debts. The debt ceiling could place President Biden in an “impossible position,” it added, without legislative permission or constitutional authority for proceeding.