Yellen argues prioritizing payments is effectively a default.
03/21/2023
https://www.congress.gov...
President Biden has made absolutely clear that he opposes increasing taxes on people earning less than $400,000.
He has explicitly said that he will not agree to raise taxes for people making under $400,000.
I think this is an area where congressional legislation is appropriate to create an appropriate prudential framework.
The president has made clear that he would veto the bill in the House that ties aid for Israel to cuts in funding for th...