Payment Prioritization News Today

the texas border. then, democrats ask republicans finally come to the table to talk debt ceiling and e try to prevent economic catastrophe. but as the high profile meeting with the president gets postponed, are they making any progress behind closed doors? >> we explicitly asked speaker mccarthy, would he take default off the table. he refused. >> but i think what we really need is a partner thats willing to work together. shannon: this morning we have two members of the house oversi...

the texas border. then, democrats ask republicans finally come to the table to talk debt ceiling and e try to prevent economic catastrophe. but as the high profile meeting with the president gets postponed, are they making any progress behind closed doors? >> we explicitly asked speaker mccarthy, would he take default off the table. he refused. >> but i think what we really need is a partner thats willing to work together. shannon: this morning we have two members of the house oversi...

The Treasury Department has reportedly been asking government agencies about the possibility of making payments later as the White House struggles to negotiate a debt ceiling bill.

Are no consequences. inflation is the consequence for every american under joe bidens reckless policy. so the house position is very clear, lets go to pre-covid spending levels. everybody understands why we had to ratchet up spending to respond to the pandemic. we all get that. but the pandemic is now over. its time to bring spending levels back to pre-covid and then we can talk about raising debt ceiling. and frankly, not even talk about it, republicans have passed that plan. if joe biden bring...

There are borrow and think there are no consequences. inflation is the consequence for every american under joe bidens reckless policy. so the house position is very clear, lets go to pre-covid spending levels. everybody understands why we had to ratchet up spending to respond to the pandemic. we all get that. but the pandemic is now over. its time to bring spending levels back to pre-covid and then we can talk about raising debt ceiling. and frankly, not even talk about it, republicans have pas...

Treasury Secretary Janet Yellen said that despite the government hitting the debt ceiling months ago, there has been no plan for prioritizing payments presented to the president.