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Rational Security: The “Q Agone” Edition

The Lawfare Podcast

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The Biden Administration's Plan to Remove the Debt Ceiling

Biden administration is looking at ways to remove the debt ceiling as a legal issue. One way would be capitalizing on some vaguely or awkwardly written statutory revision that might arguably allow the Federal Reserve to print a coin of trillion dollar value. The other one being Section 4 of the 14th Amendment, the supposed Civil War Amendment, that basically says that the public debt to the United States should not be impugned.

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