Treasury says debt payments could be prioritized in default scenario

May 9, 2014 Full story: Reuters

The Treasury Department has admitted for the first time that the government is technically capable of prioritizing payments if Congress triggers a default crisis by failing to raise the country's borrowing authority.

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Monty Anaconda

Schertz, TX

#1 May 9, 2014
Maybe they could ask Jon Corzine for a loan. The former Democratic Governor of New Jersey misplaced 2 Billion dollars of black investor's money at MF Global 2 years ago. Eric Holder and Michelle Obama decided not to charge him with a crime though.
Gary

Bellingham, WA

#2 May 9, 2014
Monty Anaconda wrote:
Maybe they could ask Jon Corzine for a loan. The former Democratic Governor of New Jersey misplaced 2 Billion dollars of black investor's money at MF Global 2 years ago. Eric Holder and Michelle Obama decided not to charge him with a crime though.
Maybe if Bush and his cronies like Cheney hadn't
squandered nearly $5 trillion on his phony Iraq war
we would have money today. In fact, if the last three
Republican administrations hadn't run up some $13 trillion
in federal debts, we might be out of the hole today.

Want more maybes?
Monty Anaconda

Schertz, TX

#3 May 10, 2014
Gary wrote:
<quoted text>
Maybe if Bush and his cronies like Cheney hadn't
squandered nearly $5 trillion on his phony Iraq war
we would have money today. In fact, if the last three
Republican administrations hadn't run up some $13 trillion
in federal debts, we might be out of the hole today.
Want more maybes?
Gary. Your name is not acceptable. Gaaaaaaaaaaaaaaary. Gaaaaaaaaaaaaary. Gaaaaaaaaaaaaaaaaaaaaaaaaaaaaa aaaaaaaaaaaarrrrryyyyyyyy. I don't think it's from the Bible and it sounds kinda racist. Michelle Obama acts kneegary. You should get it changed. Bush attacked Iraq because Hillary told him to. Clinton attacked Iraq because Hillary told him to. It is all Hillary's fault Gaaaaaaaaaaaaaaaaaaaaaaaaaaaaa ry.

“Captain Yesterday's the Future”

Since: Oct 10

New New York

#4 May 10, 2014
Well, here we go again. Wait for that next government shutdown, because, well, they can 'prioritize' so it's OK.

ReTHUGlican traitors and saboteurs don't need encouragement.

“Captain Yesterday's the Future”

Since: Oct 10

New New York

#5 May 10, 2014
Monty Anaconda wrote:
Maybe they could ask Jon Corzine for a loan. The former Democratic Governor of New Jersey misplaced 2 Billion dollars of black investor's money at MF Global 2 years ago. Eric Holder and Michelle Obama decided not to charge him with a crime though.
Maybe you should write Jon for a clue, troll pissant.

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