Follow

@jonradioV4@mastodon.world

The Constitution assigns to Congress the authority "To borrow Money on the credit of the United States" since any borrowing that could impact generations of Americans probably shouldn't be done without democratic approval.

The debt ceiling is merely the term we use for the amount Congress has authorized, so it's built into the constitutional design of the federal government. It's been there since the beginning.

The president cannot legally borrow money without authorization. Any borrowing he might attempt would be without legal backing.

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.