The debt ceiling, created under the Second Liberty Bond Act of 1917, sets the maximum amount of money that the United States can borrow. Fourteenth Amendment Equal Protection and Other Rights.Section 3 Disqualification from Holding Office. The historical context of Section 4 also supports the assertion that the original meaning of the Public Debt Clause was precise. It does so in three ways. A group of leaders on Capitol Hill argue that President Biden could use the 14th Amendment of the US Constitution to raise the debt limit. Consultant is not entitled to fees, including fees for expenses, that exceed the amounts specified in the Compensation and Fee Schedule. Therefore, WPCS provider wages are excluded from the provider's (MAGI) when the provider and beneficiary live in the same home. • In 2001 (Solid Waste Agency of Northern Cook County v. The most massive blow yet struck in this direction came 49 years ago with the graduated income tax amendment to the Constitution.