SECTION IV.—PUBLIC DEBT.
The validity of the public debt of the United States, authorized by law, including debts incurred for the 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.
Congress shall have power to enforce, by appropriate legislation, the provisions of this article.
This section needs little comment. It means simply that any expense incurred on the part of government in suppressing rebellion shall be paid; and that debts incurred in aid of rebellion shall not be paid. It applies not only to the late Civil War but to all future wars of the same kind.