The US, President Joe Biden on Sunday suggested he might use the 14th Amendment to bypass Republican opposition and increase the U.S. debt ceiling of $31.4 trillion.
During a press conference at the G-7 meeting in Japan, he expressed confidence in having the legal rights to do so.
His idea, though, is that it might not be possible to implement this move in time to prevent a default on the debt, which remains a complicated issue.
He is considering Section Four of the 14th Amendment, which asserts that U.S. public debt should always be respected.
Still, many legal experts and even some White House staff have recently voiced doubts about this plan.
One unidentified Biden advisor told Politico, “It’s still on the table, but it’s not the current plan.”
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