Monday, February 10, 2025

Dem Senator (NJ) threatens to shut down the government?



If he's serious, then have at it. There wouldn't be a default, as long as interest payments are made. The principal could be rolled over. Revenues still enter the Treasury, so the government is going to have funds. In order to make ends meet, there would have to be a number of employees who would have to go home for awhile, until the matter is resolved. At the end of that period of time, the country might discover that the roof didn't fall in. It always has been a scare tactic. Will it work for them again? Maybe not. We'll see.









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