Clinton Would Use Constitutional Option

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Clinton Would Use Constitutional Option
Former President Bill Clinton tells the National Memo that he would invoke the so-called constitutional option to raise the nation's debt ceiling "without hesitation, and force the courts to stop me" in order to prevent a default, should Congress and the President fail to achieve agreement before the August 2 deadline.

Said Clinton: "I think the Constitution is clear and I think this idea that the Congress gets to vote twice on whether to pay for [expenditures] it has appropriated is crazy."

He noted that you shouldn't be able to say, "Well, we won the last election and we didn't vote for some of that stuff, so we're going to throw the whole country's credit into arrears."

http://politicalwire.com/archives/2011/ ... ption.html