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On MLK Day, #Breitbart.com's John Nolte Links to Anti-MLK White Supremacist Site

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Targetpractice1/21/2013 6:54:02 pm PST

re: #291 calochortus

I can’t remember who said it, but apparently it might not be possible to pay some of the obligations and not others-the computers are simply not programmed in a way that allows it. So, Ryan can dream on.

Treasury laid it out to Congress back in ‘11, they don’t have the power to prioritize spending and couldn’t do so even if they did. They are required to pay bills as they come, with the last resort being to stretched out the payment dates. If on any one day, the Treasury has more bills than it has revenue, then we default.