No matter what side you are on in this debate I am not sure why we keep hearing that we could default on the debt.
If the worst scenario comes August 2nd we are facing a massive Government shutdown, but there will be money to pay the debt payments. Its the first thing that will be paid.
Monday, July 25, 2011
Why Do People Say We Are Going Default On the Debt?
Posted by James H at 7/25/2011 05:43:00 PM
Labels: economics
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