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Debt Ceiling-No need to raise it

July 28, 2013

The press keeps repeating the lie that failure to raise the debt ceiling means we must default on our interest payments. This is not true. Such a failure only means that we must default on SOME debts. I suggest that we look at our priorities and continue to pay the interest our debt obligations first. We should begin our necessary defaults by then failing to pay congressional salaries. Many other similar good suggestions of which obligations to default on can likely also be found that will allow us to continue to pay interest on our federal debts.

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