We are probably splitting hairs. I am using the term default in its proper use. Default occurs on a debt (e.g. your mortgage or in the Gov't case say US Treasury note). You don't default on expenses (say for example gov't employee salary) and you can certainly suspend capital projects.
So yes, prioritise spending etc.
From your response I'd say we are at opposite ends of the political spectrum so we don't need to go there.
Spent 12 years in the great state of Texas - if you're handle suggests you're Texan.
SSN Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
