The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of the insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.
Celia Israel: “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of…”
Editor's note · Context
The speaker is discussing the validity of public debt and its implications regarding insurrection-related obligations.
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