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.
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