No. Both republicans and democrats are heavily invested in the US stock market which would collapse if US defaults.
It's all a show.
It's all a show.
You see a fair bit of that sort of logic on the right lately. Saletan's "The Corruption of Lindsey Graham" [1] documents the shift nicely, with Graham going from a senator who believed in democracy and inter-party comity to one who says Democrats "hate us" and "want to destroy us", claiming "there’s nothing they won’t do". Or look at Trump calling for the "termination of all rules, regulations, and articles, even those found in the Constitution".
In that context, political actors can claim and might even believe that saving America from the boogeymen might require making things worse before they step in to put things right.
[1] https://specialto.thebulwark.com/p/the-corruption-of-lindsey...
Now, what happens if the US defaults, even technically-defaults (missing just one payment) and all this "money" held by financial institutions is suddenly "not money"? Or "maybe not money"?
I would expect a majority of US banks to be in FDIC resolution the next day. As bank stocks fall off a cliff, they start taking the rest of the economy with them. Things would rapidly outstrip the existing ability of the system to absorb small crises. It would look like Cyprus in 2008.
I have two possible explanations. 1) Our politicians are remarkably morally virtuous, and there is virtually no graft and corruption whatsoever. 2) Our politicians are front-men for the actual powers that be and are compensated on a model similar to WWE superstars. In the latter case it's the financial interests of the PTB that will control, not those of the politicians.