Talking Points Memo reports
HEY: If it's good enough for Trump, why not for U.S.?
on the astonishing comment from Donald Trump that he could envision defaulting on U.S. debt to reduce U.S. debt. Hey, if failing casinos and hotels can force securities holders to take "haircuts," why not the United States of America?
It probably would be unconstitutional. There's also the global economy to consider.