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For Germany, it could mean providing a financial backstop to prevent Spain from going bankrupt.
"But look at the situation we were in - we were an hour away from going bankrupt.
What is clear is that this benefit has not been enough to prevent tax havens from going bankrupt.
Getting rid of such waste could pay for universal health insurance, several times over, and prevent Medicare from going bankrupt.
Mr. Romney, who would limit the government's current open-ended financial commitment to Medicare, contends that Mr. Obama has no workable plan to prevent Medicare from going bankrupt.
"Congress was concerned, and legislators made the difficult decisions and enacted a balanced compromise of tax increases and benefit reductions that saved the system from going bankrupt".
Dombrovskis was re-appointed twice as prime minister since then, and is widely credited with preventing the small Baltic nation from going bankrupt.
But Ms. Hayworth calls such attacks demagogy and argues that Republicans are seeking to overhaul the program responsibly to save it from going bankrupt.
Some of those present compared it to the coalition formed in the late 1970's to devise a way to prevent the city from going bankrupt.
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The deal, which was being negotiated at a time when Enron was desperate for cash, would have helped reduce the company's sizable debt and perhaps even prevented it from later going bankrupt, former executives contend.
Romney's is the language of a man who has never wanted for anything, never worried about where his next paycheck would come from, never worried about going bankrupt if he got sick.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com