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To: Moseley
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

The operative words being AUTHORIZED BY LAW. The authorized debt is currently 16 trillion. I don't see how they get past that little caveat.

29 posted on 01/05/2013 6:48:43 AM PST by Ouderkirk (Obama has turned America into an aristocracy of the unaccomplished.)
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To: Ouderkirk

The spending is authorized by law.
Insofar as it conflicts with the debt ceiling law, the impossible is resolved by ignoring one of those laws.
It’s a Supreme Court matter now.


40 posted on 01/05/2013 7:04:40 AM PST by ctdonath2 (End of debate. Your move.)
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