Monthly Archives: October 2013

Is the Debt Ceiling Constitutional? What can be done if it’s breached?

It isn’t entirely clear that the debt ceiling is constitutional.  Neither, however, is there a clear remedy for violating it.  Bartlett (and in an op-ed linked to by him, Tribe) discuss some alternatives which may be “more or less unconstitutional” than default — such as either the President or the Treasury choosing to prioritize payments. […]