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Old 01-08-2013, 01:11 PM   #22
Amnorix Amnorix is offline
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That line would appear to be to relate to repudiating a debt, as in saying it's not validly owed for some reason. Rejecting the debt.

Defaulting isn't the same thing. Defaulting is an inability or other failure to pay a debt that is owed. Failure to raise the debt ceiling doesn't mean we repudiated the debt, or don't owe it, it's just a failure to pay it (for stupid reasons, but that's beside the point).

So, no, that clause of the Fourteenth Amendment doesn't make defaulting on our debts unconstitutional.
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