Sen. Pat Toomey’s dumbass payment priority plan

Think Progress: “Now that Congress has to raise the debt ceiling again in the next few months, Toomey is back with his bill

“[...] As ThinkProgress explained at the time, Toomey’s plan is unworkable and doesn’t prevent the U.S. from defaulting on its obligations. These charts from the Bipartisan Policy Center show why. Once the debt ceiling has been breached and Treasury has exhausted the extraordinary measures at its disposal to avoid default, the government will be limited to only the revenue that comes in each day. BPC lays out what happens:”


Congress is obligated to pay ALL the federal government’s bills — not just the ones that Republicans like the best.

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