Almost no one noticed when the book was quietly released this summer. It has perhaps the most benumbing title in publishing history. Yet inside this volume of previously confidential legal opinions is the story of how the surveillance state grew into a monster.
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In this commentary, Professor Neil H. Buchanan from George Washington University says political brinkmanship is much less important than resolving the debt ceiling question permanently—a lesson that may be lost on the Obama administration and others in Washington.
Can he or can’t he raise the debt ceiling citing the 14th Amendment? While only President Obama’s advisers know for sure, there are a lot of opinions in government, the media, and the academic world about this very interesting topic.
In this commentary, Tad DeHaven from the Cato Institute says that budgetary impasse may be obscuring the fact that the federal government’s long-term financial situation remains bleak.
As the Treasury Department rattled markets on Thursday with a recession warning about a potential government default, one controversial option remains off the table: raising the debt ceiling by invoking the 14th Amendment.