[old school]

“If credit markets doubt that their loans to the federal government will be repaid in full and on time, we could suffer an interest rate spike that could sink our nation in a sea of red ink,” said Rep. McClintock. “This bill is an absolute guarantee that the sovereign debt of the United States is solid and will be honored. The full faith and credit of the United States should not hang in the balance every time there’s a fiscal debate in Washington.”

[mythenjoseph]

WHO is paying WHO ? I promise to pay for my existence as long as you pay for it... COOL !

[old school]

As if we weren’t already “in a sea of red ink!”

[ProtectOurFreedom]

Congress at work...

So we keep borrowing $1 trillion per year which is projected to be $2 trillion per year shortly and the interest on that debt consumes ALL tax collections. Then what? Default is inevitable. We've been drowning in the "sea of red ink" for decades and it's nothing but a positive feedback loop.

[PghBaldy]

“continue to borrow to pay interest and principal due on the debt” -— Dave Ramsey would blow a gasket if a caller said he was doing this!

[NorthMountain]

borrow to pay interest and principal due on the debt

What would Dave Ramsey say about that?

[NorthMountain]

OK ... I read the article. The rest of his proposals are rather California-centric, but not unreasonable on their faces.

[old school]

For all of his so-called “conservatism,” McClintock voted to send 10’s of billions of dollars to that money-laundering machine, Ukraine! Why? Is any of that money coming back to his campaign coffers or his donors? Jus’ axin’