Can somebody please explain Jon Kyl's logic?

[opebo]

...There is no basis for suggesting that having a round two before the election, after a round one that moves the ball forward, is somehow a terrible thing for the economy. That's ludicrous.

'Ludicrous'?  You think the knowledge that the political leaders of the nation could willfully refuse to pay the nation's debts for petty and unimportant reasons has no negative effect upon the markets and the economy?

[opebo]

You haven't been paying attention opebo. The debt interest has to be paid first by law, and will be. Default on the debt was never in the cards.  That is just Dem hype. Having said that, slashing 30% in spending overnight, means much of government will close down. But there will be no default.  Got it?

So while the basis upon which I posed my question is inaccurate, it is just as salient, because slashing 30% in spending overnight and closing down the government will be easily as bad as default for the economy.