Country Quote by Noam Chomsky

The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to…

— Ronald Reagan

A default on our debts as a result of not meeting our obligations would be a disaster for the stock market, and Americans would…

— Charles B. Rangel

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times…

— Mark Zandi

There is absolutely no way that the U.S. will ever default on its debt. We are not going to do that.

— Mick Mulvaney

If we hit the debt ceiling, that's... essentially defaulting on our obligations, which is totally unprecedented in American history. The impact on the economy…

— Austan Goolsbee

If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally…

— Jerome Powell

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it…

— John Sununu

We're not going to default. We just won't default. I mean, there are ways of not defaulting even if you don't raise the debt…

— Eric Bolling

I'm afraid sometimes certain individual cases of defaults are unavoidable. What we should do is to step up monitoring, properly handle relevant matters, and…

— Li Keqiang

Nobody wants the United States to default on its debt. Nobody. But, at some point in time, we've got to address the fiscal woes…

— Chuck Fleischmann

I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.

— Randy Hultgren

If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new…

— Adam Davidson