According to Article 1, Section 8 of the U.S. Constitution, the president does not have the authority to unilaterally raise or suspend the debt ceiling. The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public.How could a 145yearold change to the US Constitution that gave citizenship to former slaves serve as a path out of the debt ceiling drama? Some recent amendments have included a change to California's Term Limits law through the passage of Proposition 28 (2012), the California Legislature. Transportation planning and funding in the County of San Bernardino. The current arrangement is actually unconstitutional, as the 14th Amendment says the US will always pay its debts. Any member of the Board, staff member or citizen may request that an item be removed from this section for discussion. The current arrangement is actually unconstitutional, as the 14th Amendment says the US will always pay its debts.