Trump on U.S. Defaulting on Debt: ‘We Might as Well Do it Now than Do It Later’

EXCERPT:

COLLINS: "So just to be clear, Mr. President, you think the U.S. should default if the White House does not agree to the spending cuts Republicans are demanding?"
TRUMP: "We might as well do it now because you'll do it later. Because we have to save this country. Our country is dying. Our country is being destroyed by stupid people, by very stupid people."
COLLINS: "You once said that using the debt ceiling as a negotiating wedge just could not happen."
TRUMP: "Sure, that’s when I was president."
COLLINS: "So why is it different now that you’re out of office?"
TRUMP: "Because now I’m not president."