Treasury Unable to Prioritize Bill Payment If Debt Ceiling Reached, Say Former Officials

over 2 years in theepochtimes

Former U.S. Treasury officials have said there is no way to prioritize which bills would get paid first in the event that the United States reached its statutory debt ceiling. Rep. David Schweikert (R-Ariz.) asked U.S. Treasury Secretary Janet Yellen whether the Treasury now has the capability to prioritize bill payments if the government can […]

Mentioned in this news
Share it on