On the recordMarch 22, 2023
prioritization is default by another name.
Said by
Janet L. Yellen
Source
congress.govprioritization is default by another name.
Yellen argues prioritizing payments is equivalent to defaulting on obligations.
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this has never been tried. It has been rejected by all past Treasury secretaries.
We are changing that. Our budget request provides steady State operational funding that will allow taxpayers to receive the best service possible.
It is a fundamental, basic responsibility of Congress to pay the Government's bills.