What's the worst that could happen if the US defaults?

Started 10 months ago | Discussions thread
john9001
Contributing MemberPosts: 610
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Re: What's the worst that could happen if the US defaults?
In reply to Todd Ka, 10 months ago

The US govt is getting $250 billion this month in taxes and fees, the interest on the debt is $18 billion, the only way to default would be for the president not to pay the interest.

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