September 30, 2014

What Are Options on Debt Default? Bad and Worse

October 8, 2013
McClatchy News Service

Excerpt

“Everyone understands the U.S. is certainly good for the money. It isn’t like we can’t pay our bills right now,” said Robert Bixby, executive director of the Concord Coalition, a budget watchdog group. “There’s no immediate debt crisis. It’s a self-induced, manufactured, ‘we won’t pay the bills’ crisis.”