Originally Posted by Bruce M
Actually that sounds like it might be the perfect solution to the government related fiscal issues. Each government entity that owes money could simply pass legislation saying they will not honor the obligation. No more debt with a simple legislative change.
Would you as a business owner ever do work for the government knowing they can cancel your contract without having to pay you?
I ask because CalTrans does not build roads. They hire private companies to do that. Would anyone take on roadbuilding if they knew the government could pass a law forbiding payment for that work?