Home > Off Blog > Debt Default Watch: Will Rand Paul filibuster an attempt to raise the debt ceiling?

Debt Default Watch: Will Rand Paul filibuster an attempt to raise the debt ceiling?

We think he chickens out at the moment the treasury department writes a check his libertarian ass must cash.

From Zero Hedge:

Now what is interesting is that while the rate of coupon (and bill) issuance will certainly not decline, we now know that even according to the UST, it will in fact accelerate, and hit $700 billion net over the next 5 months. And as we calculated a few days ago, this means that the US Debt ceiling of $14.3 trillion will be breached. Which puts such Tea Partiers as Rand Paul in a sensitive position. In fact, last night as MSNBC highlighted, at the next debt ceiling raise vote, Paul may be able to filibuster the vote (something MSNBC seems to disapprove of, and a vote that had no problems passing last time it was cast in late 2009) which will result in essentially what is a default of the US.

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