FOXNEWS The Journal Editorial Report June 4, 2024 20:33:00
Like this. it keeps coming in. the treasury would allocate that money, any rational treasury, to pay the bond 408ers and -- bondholders and, of course, some other people might not get paid, which is a different political issue, but it wouldn't lead to a default. >> there's no way there would be a default. the cbo numbers, the year we're in, net interest expense,s they're projecting 4.8 trillion in revenue. it's seven and a half times the debt service. there's no way there would be a fault. and increasingly, you're seeing the more sophisticated analysis on wall street and among economists ackno...