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System Makes It Hard To Prioritize U.S. Bill Payments

Friday, July 29, 2011

Enlarge Fred Watkins/AP/ABC News
Treasury Secretary Timothy Geithner talks to ABC’s This Week host Christiane Amanpour about the debt ceiling on Sunday.


Fred Watkins/AP/ABC News
Treasury Secretary Timothy Geithner talks to ABC’s This Week host Christiane Amanpour about the debt ceiling on Sunday.

It’s not yet clear if the U.S. Treasury has the ability to pick and choose who gets paid and who gets stiffed if the $14.3 trillion debt ceiling isn’t raised and

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