Ron DeSantis: Debt Default

Posted by admin on Tuesday, September 14, 2021

Ron DeSantis Money Quote saying that it’s possible to make the Federal finances operate differently because he wants them to. Ron DeSantis said:
 

 

“If we reach the debt ceiling, we don’t have to default. Getting to that point just won’t allow us to reach new debt” — Ron DeSantis

 

 

The best interpretation of the quote from Ron DeSantis is that if the US government reaches the debt ceiling, it will not be able to take on new debt until it has managed its existing debt.

This means that the government will need to make changes to its financial operations in order to avoid defaulting on its debts. This interpretation is the most neutral and factual, as it simply states what the quote suggests without adding any personal opinions or biases.