Comment by toomuchtodo
3 days ago
https://en.wikipedia.org/wiki/Soft_secession
> The major power lever that could be used in soft secession is if a state normally giving more in taxes to the federal government than it receives back would cease to send tax revenue to the federal government. These states, which generally are blue states governed by a Democratic Party majority, could leverage finances to exert influence over the federal administration, i.e. a Republican administration seen as hostile to their interests.
Interestingly, if done strategically, you could cause the US government to default on treasuries through a loss of federal revenue (a component of which is used to service US debt), forcing a debt spiral. This would enable the states with economic power to "wag the dog" in partnership with the bond market, because the federal government cannot operate if they lose the power of funding via issuing debt while also losing revenue from these states. Net contributor states could issue muni debt directly into the bond market, avoiding the need for federal dollars.
Blue states can force the federal government into default, if they have the will.
US can’t default on its debts (unless it wants to) as it can by definition print US dollars.
That is factually inaccurate.
https://www.bbc.com/news/business-24453400.amp
It can choose to default. It's defaulted before. Many republicans have been clamoring for a default.