Interesting 2-minute clip. The failed NY Fed President now masquerading as Treasury Secretary will not even consider the possibility. Woodward wasn't fed this much BS during the entire Watergate scandal that made him famous, and I give him credit for interrupting the failed NY Fed President several times to force a slightly more honest answer. Ultimately, Geithner just lies. Treasury has a back-up plan which involves prioritizing payments that would allow debt interest to continue being paid, though you'll never hear Turbo Jr. admit it publicly.