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View Diary: Balkin: There will be no default, as the president already is using the 14th Amendment (362 comments)

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  •  The 14th is a requirement (0+ / 0-)

    of funding priority.  The so-called "14th Amendment solution" was to raise the debt limit to cover public debt, even though we do have the money in the bank to cover it.

    Two very different things.

    I do not see how the popularized version of the "14th Amendment solution" could be invoked until we have no money to even cover our debts.

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