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Old 07-31-2011, 06:28 PM   #12
esdfsdflast

Join Date
Oct 2005
Posts
466
Senior Member
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The 14th amendment does not give the President power to raise the debt ceiling. The actual wording of Section 4 is:

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. But Neither the United States nor any State shall assume or pay any debt or obligation incurred in the aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void. Section 4 of the 14th amendment only concerns debts incurred during the fighting of the Civil war. It has nothing to do with president dumb fuck spending like a drunken sailor.
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