14th Admendment and the Debt Ceiling

[Mehmentum]

There's been a story going around (particularly on Huffington Post) about how Democrats could potentialy use Section 4 of the 14th amendment to deal with a failure to make a deal on the debt ceiling.

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An article that also looks at if Congress could get standing to challenge Obama: http://www.tnr.com/article/politics/90659/debt-ceiling-obama-congress

So what do you guys think?  Is this a legitamate interpretation and could it actually nullify Congres's power to raise or not raise the debt ceiling?