Heard an interesting blurb today. Some members of Congress don't think that default would be all that bad; that we could prioritize spending.
Whether or not it is doable or not, here is a break down of what we do owe...
Here is a brief explanation from a few TPers who explain this belief. (And if you need a basic rundown of the default, here is a gr.)
Depends on who you talk to. Obama says no. GOP says perhaps. Even the market experts can decide. Bloomsburg Business gives us a run down on what might happen, which they say is not in the post-apocalyptical range.
Photo via Flickr/Ted Eytan