Jobs and Economy

Boehner Admits Republican Bill Pays China First

According to POLITICO this morning, Speaker John Boehner has admitted that the Republican bill on the Floor this week does pay China first:

“Listen. Those who have loaned us money, like in any other proceeding, if you will, court proceeding, the bond holders usually get paid first. Same thing here.”

So there's more proof of what we’ve said all along: this bill plans for a default and would pay China before our troops, veterans, seniors, and small businesses.

Good luck to our Republican friends selling that.