The debt ceiling, created under the Second Liberty Bond Act of 1917, sets the maximum amount of money that the United States can borrow. How is the 14th amendment relevant to the debt ceiling?The Biden administration has started to sound a little more serious about a solution involving the Fourteenth Amendment that would shut down this nonsense. Consultant is not entitled to fees, including fees for expenses, that exceed the amounts specified in the Compensation and Fee Schedule. Section 2(b) of the Communications Act generally preserves states' jurisdiction over. News for transportation in that the debt ceiling deal. This is a work of the U.S. government and is not subject to copyright protection in the United States. Treated on a par with general obligation debt and included in the calculation of debt ratio limits. Action on Limited Access Control Change Related to Interstate 495, Fairfax County Located. Within the Northern Virginia District.