Originally Posted by Taco John
The interest debt is represented on the far left of the red bar. The Green bar represents revenues taken in each month. There is no worry about defaulting. It's just a scare tactic that the balanced media has perpetrated to present this debate in a very unbiased and balanced scare tactic way:
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What a strange chart.
It lumps quite a bit into "welfare and other spending". This would include veteran's benefits, the DOJ, FBI, CIA, general government expenditures (like the White House, Supreme Court, Congress, keeping the lights on), not to mention that only includes the essential spending.
So, yeah, if we literally turn off the lights and send every one home, we can pay the Chinese, no sweat. But lumping those things in with welfare is highly misleading.