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Toomey to Press For Bigger Debt Limit Prioritization Plan in Senate

Sen. Patrick J. Toomey, maintaining a Republican drumbeat for payment “prioritization” in case of a debt limit stalemate, plans to push for a broader version of the House-passed plan to protect holders of Treasury bonds and Social Security beneficiaries. The Pennsylvania Republican said he disagreed with strong White House opposition to legislation to set top priorities for government payments after this month’s expiration of the debt ceiling extension. Read more…

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