Oh there will be a default but it's because they keep raising the debt ceiling NOT because the Republicans refuse to raise the debt ceiling
the media is lying
its’ because the debt is growing that there will be a default but the media says the opposite
what's needed is to not raise the debt ceiling . the markets would eventually cheer that common sense you see?
I get that. So, if the debt ceiling is not raised, we miss the deadline, then the executive branch begins closure of other areas to pay the debts right?
Maybe they sell off Department of Education assets, or refuse to pay workmen for a bridge. But is that re-arrangement of funds not overseen by the Executive branch? I realize enough money is coming into the federal government to cover the debt, but the Executive branch has the reigns do they not?
Is it not theoretically possible that the president (and the senate if needs must), take us into a default deliberately. Not saying that is what is planned, or what is constitutional, but could Obama do it?