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To: SJackson
Section 4 of the 14th Amendment states that “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.”

As long as there are enough revenues coming in to service the debt, the 14th Amendment will not come into play.

6 posted on 01/10/2013 6:18:56 AM PST by randita
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To: randita
the public debt of the United States, authorized by law

Just don't raise the debt ceiling. Additional debt will not be authorized by law, and we can start to really do something.

Just

Don't

Raise

it.

15 posted on 01/10/2013 6:46:01 AM PST by ClearCase_guy (Nothing will change until after the war.)
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