On the recordJune 5, 2012
Sovereign debt default then would not be an act of the Congress, it would be a malfeasance of the executive and not prioritizing payments to ensure a timely payment of the sovereign debt obligations.
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congress.govSovereign debt default then would not be an act of the Congress, it would be a malfeasance of the executive and not prioritizing payments to ensure a timely payment of the sovereign debt obligations.
McClintock asserts that defaulting on debt is an executive failure, not congressional.
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