McConnell: US ‘never will’ default on its debt

The Hill ^ | 01-19-2023 | AL WEAVER

[ChicagoConservative27]

Senate Minority Leader Mitch McConnell (R-Ky.) said Thursday he is confident that the U.S. will never default on its debt and that he is not concerned a financial crisis could be on the horizon.

McConnell told reporters in his home state that while the push to raise the debt ceiling is “always a rather contentious effort,” he believes lawmakers will succeed at doing so before the Treasury exhausts its “extraordinary measures” in June.

“No, I would not be concerned about a financial crisis,” McConnell told a gaggle of reporters following an event at the University of Louisville to discuss disaster relief funding.

“In the end, I think the important thing to remember is that America must never default on its debt. It never has, and it never will,” he said. “We’ll end up in some kind of negotiation with the administration over what the circumstances or conditions under which the debt ceiling be raised.”

[ronnie raygun]

Not while china has you in their pocket

[faithhopecharity]

Yes. The deliberate governmental creation of inflation— cheapening the Aus dollar year by year by year. It has turned out to be a giant exploitive ripoff mechanism with American citizens victimized their entire lives.