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IPFS News Link • Government Debt & Financing

MCCONNELL: 'Hopefully, We Don't Need To Get To The Point' Of Default

• Business Insider
 But he would not say whether he would accept a government default if President Barack Obama does not negotiate over the debt ceiling, as he has promised.

On ABC's "This Week with George Stephanopoulos," the host asked McConnell whether he was prepared to "take a hostage," so to speak, as The Wall Street Journal's editorial board wrote this week.

Stephanopoulos asked McConnell — twice — if he was "prepared ... to see the country default" and if that would be "acceptable."