Debt-ceiling solution? The 14th Amendment, explained.

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“The validity of the public debt of the United States … shall not be questioned,” the 14th Amendment says. As President Joe Biden is meeting with congressional leaders about the debt limit, the amendment is being discussed as a way out of the stalemate.

With President Joe Biden scheduled to meet later Tuesday with congressional leaders about the debt limit, and with markets SPX remaining on edge over a possible government default,

the 14th Amendment is being discussed as one way out of the stalemate between the White House and Republicans. Here’s a look at a few key questions about the constitutional amendment.

 

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