Some in GOP says default would not be so bad...

JimH52

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Oct 14, 2007
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http://www.nytimes.com/2013/10/09/u...eory-default-wouldnt-be-that-bad.html?hp&_r=0

“We always have enough money to pay our debt service,” said Mr. Burr, who pointed to a stream of tax revenue flowing into the Treasury as he shrugged off fears of a cascading financial crisis. “You’ve had the federal government out of work for close to two weeks; that’s about $24 billion a month. Every month, you have enough saved in salaries alone that you’re covering three-fifths, four-fifths of the total debt service, about $35 billion a month. That’s manageable for some time.”

Brain Dead....even after he voted pay back all the salaries that are not being paid after the shutdown is over. We are losing money, not saving it....
 
We should never default on the debt.

Luckily, we are no where near that happening, so its a moot point.
 
http://www.nytimes.com/2013/10/09/u...eory-default-wouldnt-be-that-bad.html?hp&_r=0

“We always have enough money to pay our debt service,” said Mr. Burr, who pointed to a stream of tax revenue flowing into the Treasury as he shrugged off fears of a cascading financial crisis. “You’ve had the federal government out of work for close to two weeks; that’s about $24 billion a month. Every month, you have enough saved in salaries alone that you’re covering three-fifths, four-fifths of the total debt service, about $35 billion a month. That’s manageable for some time.”

Brain Dead....even after he voted pay back all the salaries that are not being paid after the shutdown is over. We are losing money, not saving it....

You realize that the shutdown and the debt ceiling are two different things right?
 
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