SEE FOR YOURSELF THE 14TH. AMENDMENT WHICH SOME CLAIM ALLOWS THE PRESIDENT TO RAISE THE DEBT CEILING WITHOUT APPROVAL OF CONGRESS

If the U.S. debt ceiling is not authorized by Congress, some argue that the President is authorized by the 14th. Amendment to handle the debt ceiling on his own without action by Congress.

Assuming that Congress has authorized a Social Security program, a Medicare program, Veteran’s benefits, three wars, national defense, and a budget for the operation of Federal programs and agencies, then it is possible the words “authorized by law” may empower the President to borrow money to assure that programs “authorized by law” are maintained even without a rise in the debt ceiling.

See Fourteenth Amendment to U.S. Constitution:

Section. 4.

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 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.

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