RUSH (LIMBAUGH): So Obama has told the bankers secretly and privately, according to the Drudge Report, that we’re not gonna be defaulting, that there will not be a default. Charles Gasparino had the story at the Fox Business Network. It’s just as we’ve told you. There isn’t gonna be any default and there probably won’t be a downgrade. All of this is hocus-pocus. Read more at Baseline Budgeting Makes Real Cuts Impossible in Washington.