Originally published on Thu December 6, 2012 2:59 pm
White House spokesman Jay Carney put an end to intense speculation Thursday about whether President Obama would do an end run around Congress with one simple line: "This administration does not believe the 14th Amendment gives the president the power to ignore the debt ceiling — period."
Some Democrats had been urging Obama to unilaterally raise the debt limit — a bold move that would take away Republican leverage in the ongoing negotiations over taxes and spending.
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