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Section 4.
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 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.