Professor Jacob Charles Quoted in "You Can Let Republicans Destroy the Economy, or You Can Call Their Bluff" -- New York Times

Professor Jacob D. Charles is quoted in the New York Times article, "You Can Let Republicans Destroy the Economy, or You Can Call Their Bluff."  The article considers the congressional debate over the debt limit, which is a limit on the borrowing authority of the federal government.

Excerpt from "You Can Let Republicans Destroy the Economy, or You Can Call Their Bluff"

Writing in 2013 for the Duke Law Journal, Jacob D. Charles makes an extended case for this view of the public debt clause, arguing from legislative history and the language of the section itself that it was meant, and is meant, to “encompass the public debt of the United States generally” and applies to circumstances beyond repudiation or default. In Charles’s view, echoing Buchanan and Dorf, the public debt clause covers any action that creates “substantial doubt” about the validity of U.S. debt and the government’s ability to meet its financial obligations.

The complete article may be found at New York Times (subscription may be required).

Professor Charles's article may be found at Duke Law Journal