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In reply to the discussion: The validity of the public debt of the U.S.....shall not be questioned (14th Amendment) [View all]louis c
(8,652 posts)12. But I bet if the budget doesn't balance, you still have to eat
Look, you can not budget for all contingencies. There was a balanced budget until the Repukes cut taxes on the rich and started 2 wars.
We're still paying for that.
The point of this whole post is that it is unconstitutional to place a debt ceiling. The 14th amendment states that you can't even "question" the debt of the United States, never mind not pay it.
The definition of "public debt" isn't one or the other, it's both and both apply here.
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