Critics of the debt limit cite the Fourteenth Amendment to the Constitution, which states: "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." (Emphasis ours)
Of course, the Fourteenth Amendment is open to wide, and varying, interpretation and debate. The most basic question here is, does a limit on debt "question" the "validity" of the debt?
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They must be retarded. The 14th Amendment was a civil war reconstruction amendment and has been taken out of context for all sorts of agenda driven reasons. It was specficially designed so that the US would not default on its obligations for the civil war. it wasnt a catch all go ahead with payment for an irrespnsible and out of control government.