2013-01-06

Finally someone says it: default on the debt is a choice

I don't know that Ted Cruz is the only Senator who has stated the obvious, but it's a pathetic that I cannot think of another Senator who has said this loud enough for people to hear.

Let me be clear, I do not support default on the debt and we should never default on the debt and the only players who are threatening to default are President Obama and Harry Reid. This is an issue, and earlier in the show you played the President threatening default. In any given month tax revenue are 200 billion and interest is 30 or 40 billion. There is it plenty of revenue to service the debt and any responsible President would've stood at that podium and said 'whatever happens with the debt ceiling, we will always pay our debt. We'll never default on the debt' and the reason the President isn't doing that is he's trying to scare people and raise the spector of financial apocalypse." - Sen. Ted Cruz (R-TX) on Fox News Sunday 1/6/12

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