@GhostOnTheHalfShell @flexghost

Yes. Since the Treasury brings in enough money to pay its debts, it can pay its debts, and so legally it must.

For the Treasury to not pay debts that it has the ability to pay runs directly afoul of the 14th Amendment, and would be a really big deal.

It's the US saying that sure it COULD pay what it ows... it's just not going to.

There's a really good reason that' idea was important enough to include it in a constitutional amendment.