#DebtCeiling UST can still use funds from Treasury General Account #TGA, the federal Govt’s operational account at #Fed, and it can implement “extraordinary measures” to continue to meet its obligations, chart @JPMorganAM
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More importantly, the UST is projected to have PLENTY of revenues incoming to service the US debt.
There is ZERO need to default. If the president is talking about default, that would be a choice he'd be making, and it would be impeachable.
So many people get this wrong.
