We Shouldnt Default News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2nd but this does mean we have until august 2nd before we lose our national credit have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right now, politicians in washington are trying to avoid default by striking a grand bargain on big spending issues and big taxing issues. but the fact remains that the country can avoid this crisis, can avoid default, with...

No big deal will be reached. both sides will only agree that we shouldn't default. and so, therefore, we won't default. but even if it ends like that, simply this is coming down to the wire now. the president saying tomorrow's the day. and just by definition, this is a fight that has to end soon. the fuse is already lit. we're going to be talking about democratic congressman barney frank in just a moment about how he sees this all ending. but as we head toward an end to this crisis, an end that is likely to reveal the utter pointlessness of the last few weeks of wrangling over a deal that neve...

The day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right now, politicians in washington are trying to avoid default by striking a grand bargain on big spending issues and big taxing issues. but the fact remains that the country can avoid this crisis, can avoid default, without some big deal. they could avoid default simpl...