Nice job on the scare mongering, White House.
This country has already defaulted. When you are borrowing money to pay your existing debts, you're not fooling anyone! Except most of the mouth-breathing country
Having said that, a recognized default now would be a real shit pie. It's inevitable, so we might as well take the pain now. But that won't happen or the world enRAB! So what's another few trillion in treasury debt, that our benevolent Fed can just buy up.