Q: get rid of the debt limit? A: exploring the 14th Amendment


#shorts On 5/28/2023, during press conference, a reporter asked Biden, “Mr. President, do you think it’s time for the U.S. to get rid of the debt limit? That this is — you know, for that — the reason you just laid out?

Biden: No, I think it would cause more controversy getting rid of the debt limit, although I do — I am exploring the idea that we would at a later date, a year or two from now, decide whether or not the 14th Amendment — how that actually would impact on whether or not you need to reduce the debt limit every year. But that’s another day.

Q: get rid of the debt limit? A: exploring the 14th Amendment

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