'DESPERATE MEASURES': Biden weighing 14th amendment to diffuse debt standoff
. STUART: THANKS VERY MUCH. WHAT CAN THE PRESIDENT DO IF THEY DON’T REACH A DEBT CEILING DEAL? LAUREN: USE THE 14TH AMENDMENT, BYPASS CONGRESS. A SECTION THAT SAYS IT IS UNCONSTITUTIONAL FOR THE NATION NOT TO PAY ITS DEBTS. >> President Biden: I’VE BEEN CONSIDERING THE 14TH AMENDMENT. A MAN I HAVE ENORMOUS RESPECT FOR WHO ADVISED ME FOR A LONG TIME, THINKS IT WOULD BE LEGITIMATE. IT WOULD HAVE TO BE PREDICATED. IN THE MEANTIME WITHOUT AN EXTENSION YOU WOULD END UP IN THE SAME PLACE. LAUREN: SENATOR JOE MANCHIN SAYS SIT DOWN AND NEGOTIATE. >> I THINK,
TO HAVE FIVE OF THE CRITICAL LEADERS FOR THE COUNTRY WALK OUT OF THE MEETING AND NOT ONE OF THEM SAY WE MADE PROGRESS. THAT SUSPECTING SOMETHING, STAFF, DIRECTION FROM THE LEADERSHIP, IT IS RIDICULOUS. STUART: EXASPERATION. INVESTORS ENCOURAGED BY STAFFERS. MANCHIN SAYS NO, NOT THE OTHER WA
