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21 May 2023, 9:00 pm by Neil H. Buchanan and Michael C. Dorf
It has happened before.Biden’s ongoing fixation on the courts betrays a basic misunderstanding of his role. [read post]
14 May 2023, 9:00 pm by Neil H. Buchanan and Michael C. Dorf
Moreover, Professor Galle’s approach runs into a version of the same obstacle as other workarounds: it implies that there has all along been a hitherto-invisible elephant-sized way to avoid the political and economic pain of the debt ceiling.This approach would at least have to reckon with the longstanding practice of including the Fed’s holdings of Treasury securities in the total amount of “debt held by the public. [read post]