"We are nearing a crash into the debt ceiling, the most tangible threat to the full faith and credit of the United States in our lifetimes. But unless you’re paying close attention, you might not know why default is a genuine threat, nor why this crisis is really happening.
The problem is that much of the press coverage reflects neither the direness of the situation nor the reality of whose actions are actually threatening default."
~ Norm Ornstein
https://www.thebulwark.com/staying-clear-eyed-about-republican-radicalism-on-the-debt-ceiling/
But that version of the story is completely at odds with how the US government is organized.
The Treasury is an executive branch department, and it will have plenty of revenue to service its debts regardless of the debt ceiling.
Therefore it has nothing to do with the legislative branch of government whether a default would be on the table. That is purely up to the president, and it would be an impeachable offense should he choose to not pay the debts as he is threatening.
So yes, let's be clear about who is actually threatening default. And that is the president. And he needs to knock it off.
@volkris Sorry, but this is total nonsense.