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Brit Hume

@brithume ↗

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Last Checked March 13, 2023

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Thu Jan 19 20:25:37 +0000 2023

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Brit Hume @brithume

It would be a painful choice as much other spending would have to be cut because of the inability to borrow to cover it. But a default on national debt would hardly be inevitable. — PolitiTweet.org

Posted Jan. 19, 2023

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Brit Hume @brithume

Amid the talk of default on national debt, remember: default would be a choice because failure to raise the debt limit would have no effect on tax revenue which would continue to flow. It would be more than enough to cover debt service, which is about 15% of the federal budget. — PolitiTweet.org

Posted Jan. 19, 2023

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Brit Hume @brithume

Quote: "The SEC not only has ex­panded its reg­u­la­tory reach far be­yond its le­gal au­thor­ity; it has mor­phed from an um­pire ob­jectively en­forc­ing the rule of law to an eco­nomic pol­icy maker dic­tat­ing how the econ­omy will op­er­ate." https://t.co/bscjfDcFGW — PolitiTweet.org

Posted Jan. 20, 2023