Why is Boehnor pushing this default theory? Its crazy. If the debt limit does not get raised there will still be the same amount of money as there was last year.
On any given day more than enough revenue comes into the Treasury to pay the service on the debt. Barry will just have to prioritize spending just like we all do at home. Some weeks we don’t get the Blue Bunny Pistachio with almond ice cream.
Prolly can’t afford Obamacare, unemployment may have to go back to 6 mos instead of 3 years, 250,0000 govt employees we don’t need may have to go, A few govt agencies may have to be closed, free school breakfast and lunches may have to go, welfare may have to take a major cut, maybe Pakistan doesn’t get their 2 billion in foreign aid to enemies.
This is where Paul Ryan could be useful.
Pick everything that would get funded in the debt limit. Remove the most vile departments that Americans hate the most. (EPA for example) remove all Obamacare funding.
Hold a major press conference and announce it. Make sure in the presser the Cost of Obamacare and how it kills the debt is mentioned over and over. And include how the alternatives protect patient privacy and cost less,
Then let the Rats deal with it.