On the recordFebruary 28, 2011
I think it is a huge mistake and factually incorrect for some to suggest that failure to immediately raise the debt limit is equal to a default on our debt.
Source
congress.govI think it is a huge mistake and factually incorrect for some to suggest that failure to immediately raise the debt limit is equal to a default on our debt.
Toomey argues against equating debt limit failure with defaulting on debt.
Share
More from Pat Toomey
There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.