The Debt Ceiling: 14th Amendment and Debt Ceiling

By Abraham Adam

One section of the 14th amendment says: "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."
Does the 14th amendment gives the president the authority to ignore or override the debt ceiling?

Find out about the US Debt-Ceiling Crisis, the 14th Amendment and what exactly is a trillion dollar coin?A must-read for anyone interested in the U.S. debt ceiling debate and the wider economic implicationsThe US debt-ceiling crisis is a recurring event that has the potential to destabilize the global economy.

In this book, we provide a comprehensive history of the debt ceiling, from its creation in 1917 to the latest crisis in 2023.Learn the history of the US debt ceiling and how it has evolved over time.Understand the economic impact of the debt ceiling and why it is a threat to the global economy.What are some potential solutions to the debt-ceiling crisis and how they could be implemented?There are currently proposals being discussed for the Biden administration to take action on the debt ceiling issue. One option being suggested is the invocation of the 14th Amendment, which would give the President the ability to disregard the debt ceiling. Another option is to mint a $1 trillion dollar coin, which would bypass the limit.

We will explain the economic impact of the debt ceiling and why the current system is broken and unsustainable in the long run.

This book is an essential read for anyone who wants to understand the history, implications, and potential solutions to the US debt-ceiling crisis. It is written for a general audience, but it will also be of interest to economists, policymakers, and concerned citizens.

• Format: Paperback
• Language: English
• ISBN: B0C5PRS3ZX
• ISBN13: 9798394895791
• Release Date: May 2023
• Publisher: Independently Published
• Length: 72 Pages
• Weight: 0.24 lbs.
• Dimensions: 0.1" x 6.0" x 9.0"