That's the Jim Justice way which means that they're both born weasels whose word isn't good for anything, certainly not regarding an agreement to pay back what is owed.
States, territories and municipalities are a far cry from our federal treasury.Restructuring debt.... not unhead of. Seems like they want to allow Puerto Rico to.
http://thehill.com/policy/finance/272907-senate-dems-unveil-broad-puerto-rico-bankruptcy-bill
Exactly. This is just another one of those blunders he'll immediately start backpedaling from and then say the media miss-represented what he said and he'll claim he never said this at all.States, territories and municipalities are a far cry from our federal treasury.
Exactly. This is just another one of those blunders he'll immediately start backpedaling from and then say the media miss-represented what he said and he'll claim he never said this at all.
We won't even think about going there until we've exhausted every other measure.There was a Senator, years ago, proposing the exact same thing.
With the size of our debt though , let's at least be realistic about it. There is no paying that off, much less paying down a significant amount of it, without some dramatic changes to policy.
I don't think it has to be all that "drastic", though I guess drastic can mean something different to folks. Increase revenues, reduce spending and we'll get there. A strong economy will only help us pay it faster.There was a Senator, years ago, proposing the exact same thing.
With the size of our debt though , let's at least be realistic about it. There is no paying that off, much less paying down a significant amount of it, without some dramatic changes to policy.