If President Obama invokes the 14th Amendment to raise the debt ceiling, he would "effectively be a dictator," Republican Presidential candidate Rep. Michele Bachmann says in an exclusive interview with American Morning's Kiran Chetry. “Congress has the power to lay and collect taxes," Bachmann says. "It's Congress that does the spending. The President is prohibited … Continue reading AM Exclusive: Bachmann: Obama 'effectively a dictator' if 14th Amendment is invoked