What the 14th Amendment Really Says

Biden must pay interest on the debt or violate the U.S. Constitution.

Journal Editorial Report: Paul Gigot discusses the prosecutor's report with Kim Strassel and Holman Jenkins Jr. Images: Reuters/AP/AFP/Getty Images Composite: Mark Kelly

The debt talks are stalled and President Biden is again threatening to invoke the Constitution’s 14th Amendment to pay interest on America’s debt without Congress raising the debt ceiling. The truth is that the Treasury has more than ample revenue coming in each month to avoid defaulting on the debt, and Mr. Biden doesn’t need to distort the meaning of the 14th Amendment to do it.

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