On the recordMarch 22, 2023
prioritization is default by another name.
Said by
Janet L. Yellen
Source
congress.govEditor's note · Context
Yellen explains that prioritizing payments is equivalent to defaulting on obligations.
Share
More from Janet L. Yellen
Jun 4, 2024
Treasury continues to impose sanctions to constrict Russia's ability to wage war.
Mar 22, 2023
The failure to raise the debt ceiling would cause an economic and financial catastrophe.
Mar 22, 2023
Our budget request shores up our capacity to respond to Russia's immoral war in advance of our national security priorities.
Jun 4, 2024
Treasury continues to impose sanctions to constrict Russia's ability to wage war.