Trump Risks U.S. Default with Debt Ceiling Denier Mulvaney as Budget Chief

found online by Raymond

 
From PERRspectives:

So far, the defining trait of the incoming Trump administration is its staffing with extremists dedicated to destroying the agencies they are supposed to head. Friday was no exception, as President-elect Trump made the latest addition to his Kamikaze Cabinet by selecting South Carolina Republican Congressman Mick Mulvaney to direct the Office of Management and Budget (OMB). Rep. Mulvaney, after all, didn’t just pledge to vote against any increase in the nation’s debt ceiling. As it turns out, the Freedom Caucus fanatic has rejected the inescapable truth that the United States of America would default by failing to do so. And with President Trump forecast to bleed $15 trillion in new red ink over the next decade, Mick Mulvaney as the Director of Default Denial risks an American–and a global–economic catastrophe.

You don’t have to take my word. Just ask the best and brightest of the Republican Party.

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