Why are the main banks not screaming about this? They have skin the game also. The federal government doesn’t pay its bills federal workers don’t get paid and federal contractors don’t get paid.
If the fed doesn’t make its bills someone down the line is not making loan payments, or getting loans for new stuff, Or making large orders for the future.

What do they know that we do not? Have they been told that everything will be fine and the government will just print more money, thus selling more bonds to cover them,which these banks either transfer, sell or buy for an eventual profit.
Are they on the verge of making more money on government bonds than on private loans?

And if my theory is wrong then everyone in the know must expect the bills to be fully paid eventually. Thus this whole cliff idea is just a made up political boogy man formed up to attack someone with.

We all know that the Dems have been for YEARS (since Bush at least) have been crying to end the Bush tax cuts in total. Well now they finally get what they want and they get the chance to blame the Republicans for raising taxes. Since we all know the repubs couldn’t make a real deal with the President and the dems to extend the tax cuts.