Janet Yellen is yelling at the wrong person; and Yellen is wrong again.
First, she has the money to not default.
Second the ball is in Biden's court.
Is his dementia so bad that he does not know that?
“First, she has the money to not default.”
That is beyond my understanding but when a debtor can’t make payments don’t they and the creditor often work out new terms.
So, is a “default” really a cliff that we could fall off of, or could some spending programs be delayed or cost-reduced?
Actually, that idea sounds like what the Republicans want to do.
Republicans need to show us some spending that would be painless in the short term to reduce or delay.