“There is no direct connection between the debt limit (actually the exhaustion of the Treasurys extraordinary measures to raise funds) and a default.”
And how come I have not heard any Republican leaders expressing that fact.
When the Rats are imploding. Keep quiet.
Sekester ... Nothing happened
Shutdown ... Nothing happened except Rat petulance
Debt limit ... Nothing will happen except a Rat smack down
If you go out and read Moody’s you just might be asking some even more pointed questions...like if current income is making a payment obligations and lower the actual debt principal like Moody’s infers...
Then the debt ceiling should be lowered and not raised, because we don’t need it raised at all.