You are correct, the government cannot default on its debts (assuming they were legally authorized). Justin Amash recently wrote a very helpful blog post [0] ab

You are correct, the government cannot default on its debts (assuming they were legally authorized). Justin Amash recently wrote a very helpful blog post [0] about the debt and this is his interpretation of the amendment. Recommend reading the whole thing but the most relevant portion would be myth #4. [0] https://justinamash.substack.com/p/the-debt-ceiling-isnt-what-you-think https://justinamash.substack.com/p/the-debt-ceiling-isnt-wha...