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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Everyone keeps saying this, including McConnell and McCarthy, but the reality is default is not on the table.  All debts can be paid without raising the debt ceiling.
This is all about the government needing authorization to borrow MORE money.  
If the budget was balanced, there would be no need for a debt ceiling increase, other than higher interest rates cause the budget to go out of balance with higher debt payments.[/quote]

Default is on the table.  The Government needs authorization borrow MORE money because it does not bring in enough in tax revenue to pay for both the debt and other payments it is required to make by law.  Yes, in a hypothetical world where there was no law requiring the Government to pay Social Security, Medicare, veterans' benefits, military salaries and benefits, etc., then there would be no need for an increase.  But we do not live in that world and every single republican has sworn up and down that they won't cut any of those things.[/quote]

Then you make the debt payments and stop other things.  That becomes the crisis, not default.  Why don't they just say Republicans are threatening to keep seniors from getting their social security checks(something I remember Obama or Clinton did when GOP didn't pass a budget)?  [/quote]

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