On the recordJuly 26, 1990
A default would almost certainly occur on August 15 if the debt limit is not increased.
Source
presidency.ucsb.eduA default would almost certainly occur on August 15 if the debt limit is not increased.
Statement of Administration Policy: H.R. 5355 - Debt Limit Increase
Share
More from George H.W. Bush
Think of every problem, every challenge we face. The solution to each starts with education.
I think it's all these questionings are going on, investigations need to happen. Let see where it takes us before we all hop on our jumping conclusion mess.