Today news
About the same in other media
07.02 - 18:59
06.02 - 13:57
05.02 - 23:23
05.02 - 02:41
Debt Ceiling Clash Revives Dispute Over Paying Bondholders First
Reading now: 152
The latest fight over raising the federal debt limit has renewed a debate over whether the government should pay some bills and delay others if the White House and Congress fail to raise the cap before it is breached.
Some Republicans say the Treasury Department can and should give priority to paying holders of U.S. government securities to prevent a default on the debt and to minimize any harm to the financial system. That would mean delaying payment of other government obligations, such as bills for transportation, agriculture and education programs.
Read more on wsj.comAbout this in other media
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
How to Play ‘Debt-Ceiling Chicken’ wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
