This is my question to you. If what Stockman is saying comes to fruition, how will this potentially devastating debt crisis be avoided? The only thing they can do is vote to raise the debt ceiling again, right?
Stockman didn't really even speak to that as happening though and he also said the Fed would raise rates on the 15th, which I found to be a pretty bold statement for the reason you gave.
Everything Stockman said in his interview made a lot of sense to me, but it would seem the only alternative is to bite the bullet and raise the debt ceiling. The alternative is default and Trump/Republicans don't want that to come on their watch.