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In the first quarter of 2023, the US spent a whopping $232 billion on interest payments, which is over 50% more than a year ago and over three times what it paid in 2003. https://www.amazon.com/dp/B0C5DX95BC That’s money that could have been used for education, health care, infrastructure, or other public goods.The US debt has reached a record-high national debt of over $31 trillion. Does the 14th amendment gives the president the authority to ignore or override the debt ceiling?

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https://www.amazon.com/Bitcoin-Crypto-scams-bitcoin-cryptocurrency/dp/1792671806 There are several new laws on crypto in the USA that have been enacted or proposed. Here are some examples from the web: - The U.S. Treasury encouraged Congress to pass legislation addressing risks digital assets pose to the financial system, including bills to bolster oversight of crypto spot markets and stablecoins¹. - A bipartisan pair of U.S. senators unveiled a bill that would establish new rules for cryptocurrency and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC)². - Congress has introduced 18 bills on crypto and blockchain in 2021, covering topics such as regulatory clarity, consumer protection, taxation and innovation³. - The Biden administration issued an executive order on ensuring responsible development of digital asset

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https://www.amazon.com/dp/B0C5DX95BC The debt ceiling was made under the Second Liberty Bond Act of 1917 and also called "as "legal obligation limit." If U.S. government national debt levels knock facing the roof, the Treasury Department should fall back on other "unprecedented" measures to pay government commitments. Its consumption until the roof are raised once more.The debt ceiling has been raised or suspended on various occasions over the years to stay away from the direct outcome imaginable. The US government goes through more cash than it gathers in charges. So it acquires to compensate for the setback. Acquiring is done through the US Treasury, through the giving of bonds. US government bonds are viewed as among the world's most secure and most solid speculations. In 1939, Congress set up a total cutoff or "ceiling" on how much debt the public authority can collect. The ceiling has been lifted on more than 100 events to permit the public authority to acquire more.

Amazon.com: The Debt Ceiling: 14th Amendment, Trillion Dollar Coin and US Debt Ceiling eBook : Adam, Abraham: Kindle Store

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