With debt limit options narrowing, 14th Amendment chatter returns
(thelibertyloft.com)
Comments (4)
sorted by:
Fascinating. The treasury is currently suspending all investments into the G fund; which is an investment option within the government’s 401k. If debt ceiling not raised then federal employees won’t get any interest in this account.
Truth....
There's more going on here than what the author discusses. The Dems have enough votes to raise the debt limit all by themselves, but they don't want to do that. Biden could invoke the 14th, but it would still be a unilateral action taken by a Dem, and that still leaves them with a 'Dems did it' problem.
The news that 2022 is not looking good for them is starting to trickle into their consciousness....