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Bill Clinton advocates constitutional option on debt ceiling
Former President Bill Clinton said Monday he wouldn't hesitate to raise the debt ceiling without congressional approval--a fraught political course that President Obama has been reluctant to follow as he seeks to broker a deal on spending with Republican leaders.
Clinton told The National Memo he would invoke the constitutional option "without hesitation, and force the courts to stop [him]" if Congress and the White House fail to reach an agreement to raise the debt ceiling by the Aug. 2 deadline when the U.S. Treasury says the government will begin to default on its debts
July 19, 2011