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@GhostOnTheHalfShell @flexghost
The thing people are missing is that the US has plenty of revenues to pay its debts. There is no serious legal risk of defaulting regardless of the debt ceiling.
That's just a talkingpoint politicians are using to get their followers upset, fearmongering they're using to spin the narrative.
Yes, the US might run short of funds to pay for new promised programs, but the US absolutely has enough to cover its debt obligations.
@GhostOnTheHalfShell @volkris just looked at their timeline. Disregard. Not a serious person.
@flexghost @GhostOnTheHalfShell
You can see revenues and outlays for yourself on the Treasury's own website.
https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance
@GhostOnTheHalfShell @volkris and as per usual this non-argument comes with sources missing.