The USGovernment Need Never Default on Its Debt Because

Multiple Choice

The U.S.government need never default on its debt because

A) it can easily nationalize banks, who own all the debt, and then owe it to itself.
B) it can raise the funds it needs to repay by taxation, and it can print money to repay.
C) it owes the debt to itself, and it can always ignore a demand for repayment.
D) it can simply reduce spending enough to generate funds to repay its debt.