The best solution for the president and the country would be for the president to invoke the 14th amendment solution. One way you can get involved is to sign the Credo Action petition: "Enough is Enough: Invoke the 14th Amendment and end the crisis."
Here's what it says:
Here's what it says:
Enough is Enough: Invoke the 14th Amendment and end the crisis
Tell President Obama to use his 14th Amendment powers, raise the debt ceiling without Congress, end this crisis, and tell the House Republicans to go take a hike.
For weeks now, House Republicans have been holding America hostage, and threatening to wreak havoc with our credit rating and our economy. They have refused to raise the debt ceiling unless their extremist policies are enacted, policies that place a higher priority on defending tax loopholes for corporate jets than on preserving Medicare and Social Security.
Enough is enough. Mr. President, it is time to use your 14th Amendment powers to end this crisis.
The 14th Amendment to the Constitution clearly states that the validity of the U.S. government's debt "shall not be questioned." Leaders from President Clinton1 to Representative James Clyburn to have called upon the president to invoke these powers.
Republicans, apparently unable to read, have tried to claim that doing this would be unconstitutional. But these same Republicans have held America hostage for too long. It is time for President Obama to move ahead without them, and use the powers given to him by the Constitution. If the Republicans really want to take their claims to court, let them. But right now, it's time to end this long, national nightmare.
Enough is enough. Tell President Obama to use his 14th Amendment powers to end this crisis.