Fixing the debt ceiling with the 14th amendment could cause a recession. A top economist says it might be necessary.

President Biden is gradually warming to the idea of unilaterally canceling the debt ceiling by invoking the 14th Amendment. An economist often cited by the White House said it might be worth the gamble.

https://finance.yahoo.com/news/fixing-the-debt-ceiling-with-the-14th-amendment-could-cause-a-recession-a-top-economist-says-it-might-be-necessary-220621591.html?guce_referrer=aHR0cHM6Ly9nb2RsaWtlLmNvbS8&guce_referrer_sig=AQAAAMIvgL7f0qwl2hqm-soVOzPQm8c0csvBQv7kHN9qmDfOSvanv9EpP0CH6MPiv5DY7ezp-nEY1mSpsWxU-MhlCMOaWb5MFiL2kEAt4Hsa5JxuVuDKfq2z8QV1pmi8yxlaL3a3woNMQNLqDl6r4ZhWgo0V1flDEy8OQrR5CjUzyBIP