Would The Constitutional Option Work?

Jonathan Adler thinks Congress couldn't stop Obama:

Were the White House to authorize the assumption of debt above and beyond that authorized by Congress, it is not clear that anyone would have standing to challenge this action in federal court. As a consequence, the question would be left to the political branches.

Chait rounds up more commentary. Stan Collender sees "a concerted effort is underway … to get the word out about the 14th Amendment":

First, the White House wants to make sure that invoking the amendment won't be a shock if it is used and that the bond market will be comfortable buying debt issued without specific congressional approval.  Second, the White House clearly wants to show congressional Republicans that their plan to demand ransom for the debt ceiling might well be based on a completely incorrect assumption that they can hold the borrowing limit hostage.