The United States constitution is not self-executing. Sadly, in the Age of Obama it is more often honored in the breach. Republicans gain no ground pleading with Democrats to follow a Constitution they have long despised and whining about media bias as an excuse not to exercise its power of the purse.
Yesterday was the 226th anniversary of the signing of the world’s greatest and longest lasting governing document on September 17, 1787 at Independence Hall in Philadelphia, Pennsylvania. America prospers when majorities, as Martin Luther King dreamed, “…rise up and live out the true meaning of its creed.” That creed was originally stated in our first founding document, the Declaration of Independence, and probably best expressed by President Abraham Lincoln at Gettysburg as “…a new nation conceived in Liberty, and dedicated to the proposition that all men are created equal.”
Our second founding document was the Articles of Confederation that sufficed for a people engaged in a Revolutionary War led by General George Washington; but the new nation that emerged from colonial shadows found that it needed Continue reading
Only President Barack Obama can cause the U.S. to default on its sovereign debt, and congressional Republicans must make this fact clear to the American people before the current debt ceiling is reached.
And only by owning the definition of “default” does the minority party in control of only one house of Congress have any chance of using the debt limit debate to rein in the Democrats’ out of control spending, spur job-producing economic growth and win the political argument going into the next election.
Of course, the Republican House of Representatives can, under Article I, section 8 of the U.S. Constitution, refuse to authorize the borrowing of any additional money on the credit of United States, and thus impose the balancing of spending with tax receipts, i.e. “the budget”. In that event, the Executive Branch would have at its disposal only tax receipts to spend on all “obligations” of the federal government based upon current law including entitlements and “discretionary” spending covered by the continuing budget resolution still in effect. But tax receipts only cover approximately two-thirds of current budgetary obligations, with the discretion to prioritizing expenditures in the President’s hands, absent a new law setting such priorities that both sides would have to agree to; and of course, that won’t happen.