From left, Bachmann, McClintock and Scalise talk before the start of Wednesday’s House Ways and Means Subcommittee on Oversight hearing.
Democratic Rep. John Lewis of Georgia, ranking member of the subcommittee, called the bill a “dangerous signal to the markets.”
“I am troubled that we are here today discussing this issue. This hearing implies that it would be appropriate to default on our debt and that a default can be managed. This simply is not true,” Lewis said, according to his prepared remarks.
The administration repeatedly has dismissed the idea of prioritization given the lumpy nature of the budget.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.