There is a difference between strategic or technical default and default where you really don't have the economy to support the spending. We are not at that point yet. We could be. We could be, like some European nations.
Charles BassMost of the major increases in the debt ceiling have been accompanied by structural changes in the way we raise and spend money.
Charles BassThere are things I want to get done, and If I can reconnect where I was before, working on the issues I'm interested in, that's exciting to me.
Charles BassWhy did the Clinton Administration continue to liberalize export controls on sensitive technologies even after it learned that China had stolen designs?
Charles Bass