Sec’y Lew letter, moving up the date to likely default to November 5, just 5 days after Boehner leaves. What a mess!
Countries usually fall into sovereign default after a number of disastrous economic decisions. We’re doing if so the Republicans can get more air time on Fox news. It is scary, and the Republicans are crazy to play a game of Russian roulette with the economy. The problem with Russian roulette is sometimes the gun does go off.
http://www.treasury.gov/Documents/Treasury%20Letter%20to%20Congress%20100115.pdf
Could be one screaming stupid mess. I know Marco Rubio voted against raising the debt ceiling last time. Tom Cruz and Rand Paul likely voted against it too.
Stay tuned,
Dave Lord