[Praxeologue]

Get the public's attention.

Ted Cruz and the House are doing that.

But how do we avoid default? (the topic of this thread)

[Southack]

If the Dems won’t cave, then bring on the default. Don’t raise the debt ceiling. Don’t hire back furloughed employees.

Keep the government shut down.

If the Dems never tire of the shutdown, then in a few years everyone will be accustomed to those 800,000 furloughed federal workers never coming back.

[quimby]

how can the government pay its bills? Prioritizing won't work, since you must spend $310 billion per month.

Default has a specific meaning, and it does not include total govt spending. It is only the servicing (interest) on the debt already accumulated.

If we don't pay salaries, benefits, etc, it is not technically default. obombers is trying to convice the liv otherwise.

[Stingray51]

You are correct that not raising the debt ceiling will necessitate very large spending cuts. But it will not require a default because interest on the debt can be paid with only about 9% of what the government actually collects in taxes.

[LibLieSlayer]

There is no avoiding collapse... It is just a matter of when and that is up to the Fed and their can kicking.