DeMint: Don't worry about default

This Jim DeMint op-ed will trigger some nail-biting at Treasury and on Wall Street:

Debt increase advocates are misleading the public when they say fiscal catastrophe will result from a failure to increase the debt ceiling. They are using scare tactics to keep up their big-borrowing and spending sprees, just like they did to justify their Wall Street and mortgage bailouts. The Chicken Little claims that a debt ceiling lapse would mean the nation's creditors will not be paid are simply not true.

DeMint argues, as I read it, that instead of default, government can just stop funding some services.