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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (892363)	10/8/2015 2:04:04 PM
From: jlallen	Respond to of 1575357

*Are the GOP candidates willing to allow America to default on its debts?* A government shut down will not result in a default....just another shameless demolib lie.

To: bentway who wrote (892363)	10/8/2015 2:15:19 PM
From: i-node	Respond to of 1575357

>> Are the GOP candidates willing to allow America to default on its debts? I would. It is inevitable. Might as well do it now and start rebuilding.

To: bentway who wrote (892363)	10/8/2015 3:45:36 PM
From: TimF	Respond to of 1575357

Are the GOP candidates willing to allow America to default on its debts? Probably not. In any case its a question with little relevance to the current fiscal situation in the US. but risking a default is just too dangerous. Also not relevant to the current fiscal situation of the US. At least in the short run. Not raising the debt ceiling does not directly create a situation of default, since (as has been pointed out many times) payments on the debt are well below federal revenue.