The debt ceiling, created under the Second Liberty Bond Act of 1917, sets the maximum amount of money that the United States can borrow. The Due Process Clause provides that no states shall deprive any "person" of "life, liberty or property" without due process of law.Laws to revise or amend shall set out in full the revised or amended act, section, subsection or paragraph of a subsection. Fourteenth Amendment's Public Debt Clause mandates that all the government's financial obligations be met. Section 4 Public Debt. Applicable rates set forth in the Palm Beach County Fire. The bonds shall be called "Texas Park Development Bonds," shall be executed in such form,. The City of West Palm Beach is an entitlement recipient of federal funds from the U.S.. Department of Housing and Urban Development (HUD). See generally Michael Abramowicz, Beyond Balanced Budgets, Fourteenth Amendment. Official website of the Commonwealth of Massachusetts.