Eric A. Posner and Adrian Vermeule, in the New York Times: Obama Should Raise the Debt Ceiling on His Own.
Our argument is not based on some obscure provision of the 14th amendment, but on the necessities of state, and on the president’s role as the ultimate guardian of the constitutional order, charged with taking care that the laws be faithfully executed.
For more on Posner and Vermeule's theory of executive power as developed in their recent book, see the review linked here.
Mike Rappaport adds: For my own views about the op ed, see here.
Posted at 7:30 AM