3 ms·

"Pulled it out of my ass"? Harsh words for something that's common knowledge, especially as it's almost constantly mentioned (albeit often ignored) anytime anyo

by scarmig 13y ago

"Pulled it out of my ass"? Harsh words for something that's common knowledge, especially as it's almost constantly mentioned (albeit often ignored) anytime anyone brings up prioritization of debt payments. http://www.latimes.com/business/la-fi-shutdown-treasury-debt-limit-20131016,0,3357429.story http://www.latimes.com/business/la-fi-shutdown-treasury-debt... If you're so out of the loop that you haven't already heard about this issue, you get dozens of resources with a simple google.

jessaustin 13y ago
Thanks for the operating the Google! I don't normally read the LA Times. The crux of it seems to be the proposition that bills are paid without human approval. I simply don't believe that. I realize the government has anti-fraud options unavailable to the private sector, but such a house of cards would have collapsed a long time ago. "Lew would not commit to prioritizing payments on government bonds if the debt limit is not raised. He said the decision would be up to Obama." No, I don't have a source to back up any of this. Sorry about the "ass" comment; I shouldn't have phrased my point in that manner.