By Richard RahnNewsMax.com
The United States will default on its debt only if President Barack Obama makes a conscious decision to do so. Despite the over-the-top Nazi death camp analogies that the president’s staff has used in relation to the debt ceiling increase, America can pay its necessary bills for a long time.
It is indeed true that the government will run about a $160 billion deficit in the month of August, and it does not have the cash at the moment to cover it, but this does not mean the president is without options.
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It is indeed true that the government will run about a $160 billion deficit in the month of August, and it does not have the cash at the moment to cover it, but this does not mean the president is without options.
Read the Full Story
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