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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (740470)9/19/2013 1:35:10 PM
From: bentway  Read Replies (2) of 1575421
 
GOP Lawmaker Claims 'Nothing Happens' if U.S. Defaults

Rep. John Fleming (R-LA) told Politico that "nothing happens" if the debt ceiling is reached.

Said Fleming: "Technically, it's not possible to default because there's always enough revenue to cover the interest. If we defaulted it was because the president chose to default, not because we ran out of money."
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Most GOP Voters Don't Care if Debt Crisis Hurts Economy

Greg Sargent digs into the new Washington Post/ABC News poll on the debt ceiling and finds this amazing nugget:

"Among Republicans who believe that not raising the debt ceiling would cause serious harm to the economy, a majority of them wants Congress not to raise it anyway."
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