Biden should invoke 14th Amendment (Section 4) [View all]

He would be a hero.

First, pay all our debts and raise the debt ceiling (or claim the debt ceiling law unconstitutional).

“The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned,” the amendment's Section Four reads.

This action will show decisive leadership. What can the Repukes do? Sue in the courts to cause a default?

Next, propose to reduce the budget by re-establishing the 15% minimum income tax and abolishing the carry tax loophole, requiring all Wall Street leeches to pay fair value on their commissions as regular income. Charge a 1% surcharge on all income over $400,000 per individual or $$800,00 for joint filers. Lift the cap for Social Security taxes, starting at $400,000. Offer to eliminate the subsidies to the fossil fuel industry and further reduce spending by allowing Medicare to bid on prescription drugs in the open market.

Ball's in your court, MAGA assholes.