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What Does the Constitution Tell Us About the Debt Limit?

Cato Podcast

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The 14th Amendment and the Debt Ceiling

Bob Greene: This year marks 10 years of me being married. He was married during a government shutdown in Washington, D.C. Greene: Some legal experts say that they can save us from economic disaster by applying the 14th Amendment. The Constitution forbids default and thus a debt ceiling that might trigger default is itself unconstitutional, he says.

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