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- Debt unquestionable under 14th; Obama can raise ceiling In 1935, the Supreme Court held that despite the Civil War context, the amendment clearly referred to all federal debt, providing a justification for Obama acting to uphold US public debt obligations in 2011: "While [the 14th Amendment] was undoubtedly inspired by the desire to put beyond question the obligations of the government issued during the Civil War, its language indicates a broader connotation. We regard it as confirmatory of a fundamental principle which applies as well to the government bonds in question, and to others duly authorized by the Congress as to those issued before the amendment was adopted. Nor can we perceive any reason for not considering the expression 'the validity of the public debt' as embracing whatever concerns the integrity of the public obligations."
- CON: 14th Amendment applies only to Civil War debts. Larry Darter. "Invoking 14th Amendment to Raise Debt Ceiling Would be Unwise." Suite101.com. July 27th, 2011: "the part that is not being talked about or aired in the media is important in understanding the history and intent behind the portion being bandied about by Democrats: '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.' One need not be a constitutional lawyer to see after reading Section 4 in its entirety that the 14th Amendment was post-Civil War Reconstruction legislation."
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