WASHINGTON—Treasury Secretary Steven Mnuchin told lawmakers Thursday he has “no intent” to prioritize certain government payments and delay others if Congress fails to raise the federal borrowing limit. “I think that doesn’t make sense,” he told a House panel, when asked whether Treasury was considering prioritizing payments. “The government should honor all of its obligations and the debt limit should be raised.”Government...
Source: Wall Street Journal July 27, 2017 15:56 UTC