4 ms·
> that even prioritizing some payments ahead of others amounted to “default by another name.” You are mis-interpreting this. Based on your interpretation, a go
by csomar 2y ago
> that even prioritizing some payments ahead of others amounted to “default by another name.”
You are mis-interpreting this. Based on your interpretation, a government can never cut any spending to not be considered in default.
I think what Yellen meant is that you should pay all your obligations for services rendered and that you actually want to be rendered. This is not what DOGE proposing (and in no way I support that insanity) and the difference is quite clear.