This is exactly right: “In exchange for not crashing the United States economy, you get nothing.” #DebtCeiling #Republicans https://www.msnbc.com/rachel-maddow-show/maddowblog/democrats-respond-gop-calls-debt-ceiling-negotiations-no-rcna65944
It's not right because it overlooks an important part of how the US government operates: the Treasury takes in enough money to pay its bills, so there is no legal risk of default.
The bills will be paid.
That's just math, as the income is higher than the amount required to pay the bills.
It's NEW spending that might have to be pulled back on.
@volkris None of that is true.
You can see for yourself directly from the Treasury.
They publish their balance sheets transparently and continuously.
https://fiscaldata.treasury.gov/datasets/daily-treasury-statement/operating-cash-balance
