[sesWaipunsaws]

Democrats are furious that he got rolled by the Tea Party Republicans. They think he could have raised the debt ceiling on his own, invoking the Fourteenth Amendment, and instead hid behind lawyers, fearing a legal challenge and settling for far less than he should. LMAO!!!! check out the wiki on this.

Section 4 confirmed the legitimacy of all United States public debt appropriated by the Congress. It also confirmed that neither the United States nor any state would pay for the loss of slaves or debts that had been incurred by the Confederacy. For example, several English and French banks had lent money to the South during the war.[48] In Perry v. United States (1935), the Supreme Court ruled that under Section 4 voiding a United States government bond "went beyond the congressional power."[49]

The United States debt ceiling crisis of 2011 raised the question of what powers the clause gives to the President. Legal analyst Jeffrey Rosen has argued that Section 4 gives the President unilateral authority to raise or ignore the national debt ceiling, and that if challenged the Supreme Court would likely rule in favor of expanded executive power or dismiss the case altogether for lack of standing. http://en.wikipedia.org/wiki/Fourtee...s_Constitution