“My position many, many months ago when I wrote an op-ed for one of the major national newspapers was this. President Obama was setting up this false choice between default and raising the debt ceiling. And at least for a while, you can take away that false choice by ordering the Treasury to pay the obligations to outside creditors first, and there’s enough cash flow to do that for quite some time.”
Tim Pawlenty today on “This Week” via ABC News
Even an off-the-cuff remark this displays just colossal ignorance. What in god’s name is an “outside” creditor?