About That Debt Ceiling

Seems Mr. Goolsbee doesn't have all his facts quite right.

                                   
                                
He said on This Week.

"If we hit the debt ceiling, that's ... essentially defaulting on our obligations, which is totally unprecedented in American history.  The impact on the economy would be catastrophic....I don't see why anybody's talking about playing chicken with the debt ceiling, if we get to the point where you've damaged the full faith and credit of the United States, that would be the first default in history caused purely by insanity."

It appears others,  here and here have a more truthful version of what will happen with that debt problem piled up by the Pelosi Congress........
Nothing from this administration can be trusted. Nothing........