Originally Posted by AustinChief
DAMN DUDE. Listen up. A technical default is on obligated payments. Period. We have enough money to pay them INDEFINITELY. But if we allow all payments to go out you are correct, we will default on debt and everything... but that is a CHOICE.
Not paying for Food Stamps or the FBI is NOT A DEFAULT. PERIOD. If you CHOSE to pay for them and then not have enough for OBLIGATED PAYMENTS, then sure you will default.
No deal does NOT mean a technical default unless we decide to make non obligated payments.
Let's be clear yet again. WE HAVE ENOUGH REVENUE TO SERVICE OUR DEBT AND MAKE ALL OBLIGATED PAYMENTS.
You can NOT stretch the term "default" to include non obligated payments on food stamps or education.
Your arguing of semantics over practical reality is just obnoxious. So don't call it a default. Call it whatever you want. If the consequence is the same as a default, you should just
about it already.