TIM MCGRAW and FAITH HILL have been married for 17 years, and have been dealing with divorce rumors . . . for 17 years.  They've learned to live with it, but they also tend to speak up when the noise gets too loud.

Apparently, this is one of those times.  Faith tells "People", quote, "The rumors seem to be running like crazy right now for some reason.  It's perplexing."  She also made it clear that they are "absolutely not" breaking up.

And Tim said, "Since the first week we were married those things were out.  We don't even think about it.  The only time we think about it is when we worry about the kids.  But they've been around it, too, so they laugh it off."

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