"It’s also shameful to see him scaremongering the markets with his talk of default," Palin wrote. "There is no way we can default if we follow the Constitution. The Fourteenth Amendment, Section 4, requires that we service our debt first. We currently collect more than enough tax revenue to service our debt if we do that first."
Palin, who joined Sens. Ted Cruz (R-TX) and Mike Lee (R-UT) at a demonstration Sunday at the World War II Memorial, argued that Obama will risk impeachment if the U.S. defaults and if he seeks to raise the debt ceiling without congressional approval.
"It’s time for the president to be honest with the American people for a change. Defaulting on our national debt is an impeachable offense, and any attempt by President Obama to unilaterally raise the debt limit without Congress is also an impeachable offense," she wrote. "A default would also be a shameful lack of leadership, just as mindlessly increasing our debt without trying to rein in spending is a betrayal of our children and grandchildren who will be stuck with the bill."