Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChicagoConservative27
House Speaker Kevin McCarthy (R-Calif.) has willfully forced the United States to stare down the barrel of impending default to leverage passage of the Freedom Caucus’s dead-on-arrival wish list of conservative policies.

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?

5 posted on 05/10/2023 8:03:06 AM PDT by olezip
[ Post Reply | Private Reply | To 1 | View Replies ]


To: olezip

“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.


22 posted on 05/10/2023 10:28:44 AM PDT by cymbeline
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson