This Fourteenth Amendment to Commitment to Purchase Financial Instrument and HFA. Strickland, Note, The Public Debt Clause Debate: Who Controls this Lost Section of the.Although a balanced federal budget has long been held as a political ideal, the accumulation of large annual budget deficits and the associated. The president says he is willing to discuss possible deficit savings, but without the threat of the federal government being unable to pay its bills. The Fifth Amendment, however, applies only against the federal government. Short title. Sec. 2. Certificates of election covering 435 seats in the One Hundred Nineteenth. The City does not expect reduced revenues to have an impact on its ability to pay debt service on outstanding debt obligations. January 20, 2021: President Biden issued Executive Order 13985, "Advancing Racial Equity and Support for Underserved Communities Through the Federal Government. 2023 NATIONAL AGREEMENT. Subject. Page. Preamble. 1.