NPC Newsmaker: Would a Constitutional Challenge Stop the Debt Ceiling Madness?

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Oct 10, 2013, 03:00 ET

Can President Obama Bypass the Court on this Constitutional Issue?
Does the Shutdown Change the President's Options?

WASHINGTON, Oct. 10, 2013 /PRNewswire-USNewswire/ -- Once again, Americans are in turmoil over the possibility of a first-ever federal default as Members of Congress appear to be using the U.S. budget as a battleground for partisan issues. Since 2011, these repeated clashes have created problems for the President in carrying out his role to borrow money to pay for spending that Congress approved. '

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What will happen if the government defaults on its obligations? Does the President have options under the several Constitutional arguments that have been reported regarding the debt ceiling law? Will he have to challenge the law(s) through the court system? How does the government shutdown change available options?

Neil Buchanan, a professor at George Washington University Law School and a respected authority on the subject, has applied his expertise in tax law, constitutional law, tax policy, and law and economics to carefully assess this problem that is threatening our nation's economic future.

Professor Buchanan will appear at the National Press Club to answer these questions and more about the debt ceiling law's constitutionality and some of the options available to the President and Congress that may resolve the debt ceiling crisis.

The National Press Club Newsmakers conference is scheduled for 2:00 p.m., Monday, October 14, 2013, in the Club's Zenger Room on the 13^th Floor of the National Press Building, 529 14^th St., NW, Washington, DC, 20045.

CONTACT:
Monica Coleman, NPC Newsmaker Event Host
202-423-3150, [email protected]

About the Speaker

Professor Neil Buchanan is a professor at the George Washington University Law School and author of the book The Debt Ceiling Disasters. He is also the co-author of three widely-discussed scholarly articles that explore the constitutional issues raised by the debt ceiling.

A well-respected authority on the subject, Professor Buchanan is published in multiple law reviews, has testified before Congress about tax reform issues and is regularly quoted in media stories as a subject matter expert. He publishes twice weekly on the legal blog "Dorf on Law," run by co-author Michael C. Dorf of Cornell Law School, and writes bi-weekly columns for the online legal commentary site "Verdict," hosted by the legal resource site Justia.

SOURCE National Press Club