claim: failure to raise the debt limit does not force a u.s. default on debt payments.
author: randy forbes
evidence_1: jul 14, 2011 ... debt limit: u.s. outreach to banks, investors over possible default comes up  empty ... the agency said a failure to raise the debt ceiling would force the ... be  able to make any of these payments if the debt ceiling is not raised.
evidence_2: default would effectively impose a ... that failure to raise the nation's debt limit  would ... 40 percent of all government payments", which ... in new treasury  securities", forcing the ...
evidence_3: a u.s. debt default is when the treasury department is forbidden to pay ... in  october 2013, congress threatened to stop raising the debt ceiling unless the ...  the u.s. government would not be able to pay salaries or benefits for federal or ...
evidence_4: jul 7, 2011 ... in that sense, raising the debt limit is about paying for past expenses, not  controlling future ones. for congress to refuse to let treasury raise the cash to  pay the bills ... debt limit respond that there is virtue in forcing congress to debate  ... to debate raising america's debt limit is a sign of leadership failure,” ...
evidence_5: oct 4, 2013 ... as the u.s. approaches the deadline to raise its debt limit, economists warn of ...  increasing the debt limit does not enlarge the nation's financial ... on may 19, the  federal borrowing limit came back into force and was ... that would enable the  government to pay its bills and stave off default for several weeks.