Political Quotes

On the recordMarch 22, 2023
prioritization is default by another name.
Said by
Janet L. Yellen

Editor's note · Context

Yellen explains that prioritizing payments is equivalent to defaulting on obligations.

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More from Janet L. Yellen

Mar 22, 2023

prioritization is default by another name.

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the Trump tax cuts added hugely to the deficit.

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It is a fundamental, basic responsibility of Congress to pay the Government's bills. And I call on Congress to expeditiously raise the debt ceiling.

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