6 Comments
 

Even if the debt ceiling is breached, the US won't automatically default on its debt. It will only default if the Obama administration chooses to prioritize other discretionary spending over debt repayment, which would be so stupid that I'm confident is impossible. Any furloughed workers will end up getting back pay. If you were to lose your FT offer for any reason at all, I'd bet all my money it wouldn't be because of a debt ceiling breach.

 

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