Political Quotes

Janet L. Yellen: prioritization is default by another name.

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

Editor's note · Context

Yellen argues prioritizing payments is equivalent to defaulting on obligations.

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More from Janet L. Yellen

Mar 22, 2023

this has never been tried. It has been rejected by all past Treasury secretaries.

congress.gov
Mar 22, 2023

We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.

congress.gov
Mar 22, 2023

It is a fundamental, basic responsibility of Congress to pay the Government's bills.

congress.gov
Mar 22, 2023

not paying any of our bills is default.

congress.gov