Mike Johanns actually said...

Is there a conflict waiting to happen between NASAA and what we are trying to do with the JOBS Act?

It was supported by roughly 90 percent of the House. These days that is remarkable.

Default would also put the United States in the category of reckless debtor nations that have broken their word in the markets.

Let me be very clear: We need to meet our obligations and not create any uncertainty that we will do so--on time, every time.