The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. US Constitution, 14th Amendment, Section 4 The debt ceiling is unconstitutional. We’ve let the Republicans play their games for long enough, in the interest of “stability of the economy” and a general fear of rocking the boat, but that time is over now.