A Last Resort for Solving the Debt Ceiling Crisis: Take It to Court
Source Newsroom: Washington University in St. Louis
Recent political showdowns over the so-called “debt ceiling crisis” have many people questioning whether it is appropriate for the Supreme Court to intervene in the legislative and executive issue.
Adam H. Rosenzweig, JD, professor of law at Washington University in St. Louis, examines in Constitution Daily the Supreme Court’s potential involvement.
“The Supreme Court could invoke its inherent Article III fiscal powers to solve the problem,” Rosenzweig writes. “In the face of the current debt crisis the recognition of a robust, but limited and well-demarcated, Article III fiscal power could potentially offer a way out of the policy and political stalemate facing the country.
“In an ideal world the political branches would solve the debt ceiling crisis on their own, recognizing that honoring the federal debt is a core commitment of the country. … But if the political branches can’t, or won’t, honor these commitments, the federal courts should.”