House Passes Bill To Prioritize Us Debt Payments

The GOP-controlled House voted Thursday to put U.S. bondholders and people on Social Security at the front of the line to be paid if the government hits its borrowing limit.

BING NEWS:
  • House Passes $196 Billion Social Security Bill: Will Repealing Pension Reductions Shorten The Program's Lifespan?
    The Congressional Budget Office estimates the bill would add $196 billion to deficits over the next 10 years and bring the trust fund depletion date forward by six months. Social Security funds are ...
    11/22/2024 - 2:15 am | View Link
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