I wonder if the President could invoke emergency powers to suspend the debt ceiling until Congress gets its act together.
It could be viewed that he has a Constitutional duty to protect the validity of the national debt, even against a Congress that is failing in its duty.
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This would be an interesting question. Though I don't think Obama will use these powers, even if it would be upheld by SCOTUS (the ultimate test for the constitutionality of such action), because it will be "prove" for many of his insane opponents that he is an anti-american dictator who is eager to destroy the USA. Obama is a smart man who will not provide this give-away to those backward people.
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