Fern
Elite Member
- Sep 30, 2003
- 26,907
- 173
- 106
Now you're being silly.
For one thing default is a specific term. Simply put it means failure to make interest or principal payments on a note (or bill or bond etc.). You are not in default if you pay your auto mechanic late.
And no, we have not incurred these bills through appropriations. We are currently in a situation where we have no further appropriations to pay discretionary expenses.
Fern
For one thing default is a specific term. Simply put it means failure to make interest or principal payments on a note (or bill or bond etc.). You are not in default if you pay your auto mechanic late.
And no, we have not incurred these bills through appropriations. We are currently in a situation where we have no further appropriations to pay discretionary expenses.
Fern