"In his 1987 essay, "The Ethics of Debt Default," Buchanan made an argument often repeated by libertarians and Tea Party members: if the Treasury were to default, no one would ever lend it money again, thus imposing a balanced budget; the government could only spend as much as tax revenue permitted." Bruce Bartlett in The New York Times.
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"America Flirts With Self-Destruction," The "London Financial Times
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