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In just over 48 hours, our nation defaults. This isn't a game. This isn't a joke. This isn't a news story to come and go.
Why default? Can't they just spend a bit less money and continue to pay the bond interest out of taxation?
reply to post by MystikMushroom
Maybe I did fart, but its not gonna cost the taxpayers 93 TRILLION DOLLARS....
It wasn't designed to ever really work in the first place. I'm fairly certain the Democrats went with this "exchange" garbage to appease the GOP just enough to get it passed.
When it fails miserably everyone will be looking for a better solution, the solution we should have gone with in the first place: single-payer.