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House Leaders Aim to Pass Debt Limit 'Prioritization' Bill in April

Douglas Graham/CQ Roll Call
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.

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