maybe cruz should have read Sarah Palin’s column where she says there is no threat of default. so it was a news media manufactured crises
Default was a certainty. While it’s very true that the interest on our debt could be paid, programs and other spending would need to be reduced or cut off. When you max out your MC or Visa you stop borrowing, pay off the balances and cut spending except on essentials. Problem here is no way Barky does that. He simply stops paying the interest while continuing to spend the tax receipts on SNAP, EBTs, Medicaid etc. hence we default. Barky and the media blame the GOP, and while the public isn’t stupid and they should get it, They won’t because they will only hear Barky’s whining 24/7.