10-10-2013, 08:07 PM
(10-10-2013, 07:58 PM)Clement Wrote:(10-10-2013, 07:55 PM)freedom Wrote: That would only happen if the US government chooses to default. They have the means not to default by amending the law.
Just like people owing money choose not to pay though they have the money.
Is it the ultimate stupidity?
But the right wing members of the republicans are being opportunistic in trying to amend the law in this way because they would not have the votes to do so otherwise. They can also avoid default by raising the debt ceiling.
Then why would there be a debt ceiling? There is debt ceiling so the US government will think twice when they try to spend like crazy.