- Apr 12, 2011
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This "default" song'n'dance comes up, tho Senator Obama never mentioned it when he argued and voted against raising the limit for GW Bush. Let's face it, "default" is a fantasy. Real life would mean cutting spending while paying bills.Then pass that bill on its own merits.
Not under threat of default
That's "would mean". What real life is will be is raising the limit + more tax'n'spending + whether bills-get-paid/default being irrelavant.