that explains what specifically does - or does not give the US executive branch the right to choose to default on specific
portions of debt despite having non-empty treasury?
Not exact matches
It would mean Greece following through on its market reforms and privatizations + Greece reforming and downsizing its civil service + Greece maintaining a stable government
despite public outcry + Greece fixing its tax collection system + the troika being willing to put off some Greece interest payments and then writing off some significant
portion of Greece's
debt when Greece's government finally consistently reaches a primary surplus.
The
portion of the budget paid for by state taxpayers will rise just under two percent
Despite the one - time windfall, he had to bridge a $ 1.8 billion deficit in the current budget, which he did by counting $ 373 million in additional, not immediately identified revenues as well as cutting $ 92 million from state agencies, booking $ 121 million in savings from «
debt management» and cutting $ 1.4 billion from funding for various local assistance programs.