House Republicans have passed a bill that would tell President Obama which bills to pay first, should the U.S. Treasury run out of cash and risk default, like it almost did two summers ago. The proposal is not likely to move in the Democratic Senate, and the issue itself is fading in urgency as the deficit picture improves.
Democrats Skeptical Of Republican 'Debt Prioritization' Bill
By editor • May 9, 2013
Originally published on May 9, 2013 6:48 pm