The Washington Post has a good explainer on what is terrible about Trump’s proposal to “make a deal” with America’s debt holders to decrease our national debt:
The minute the United States tried to reduce its debt load by offering creditors less than 100 percent of principal and interest — i.e., by ‘discount,’ or ‘making a deal,’ like Argentina or Greece — every institution that had taken this country at its word would be instantly destabilized.
