14th Amendment For Debt Ceiling In San Bernardino
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The Fourteenth Amendment states: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”
Many scholars argue that debt ceiling law is unconstitutional and there is no legal basis by which the U.S. government may default on any of its debt. They point to Section Four of the 14th Amendment of the United States Constitution, which states that "the validity of the public debt of the United States...
Fourteenth Amendment, 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.
Fourteenth Amendment, 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.
First, it guarantees that whatever debt the United States government accrues, “shall not be questioned.” Second, it invalidates any debt incurred by any rebellion against the United States (practically, this told those that may have financed the Confederacy's fight in the Civil War that their debts will never be repaid ...
No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.
A major provision of the 14th Amendment was to grant citizenship to “All persons born or naturalized in the United States,” thereby granting citizenship to formerly enslaved people.
Debt limits are statutory or constitutional constraints on discretionary borrowing by governments. Specifically, debt limits apply where the government has pledged its full faith and credit, supported by the government's power to tax within its jurisdiction, for financial obligations.
Congress last used Section 3 of the Fourteenth Amendment in 1919 to refuse to seat a socialist Congressman accused of having given aid and comfort to Germany during the First World War, irrespective of the Amnesty Act.
A major provision of the 14th Amendment was to grant citizenship to “All persons born or naturalized in the United States,” thereby granting citizenship to formerly enslaved people.
