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Default? Not on our watch.

If the United States government defaults on a debt payment, it would do serious harm to the U.S. economy—and, worst case scenario, could possibly put us back in a recession. That’s why on Thursday, the...

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Ryan Opening Statement: Markup of Default Prevention Legislation

WASHINGTON, DC — Today, House Ways and Means Committee Chairman Paul Ryan (R-WI) delivered the following opening statement during a markup of H.R. 692, the Default Prevention Act, and H.R. 3442, the...

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House Passes Bill to Eliminate Threat of Default

WASHINGTON, DC — Today, House Ways and Means Chairman Paul Ryan (R-WI) issued the following statement after the House passed H.R. 692, the Default Prevention Act. “With this bill, we’ve taken default...

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Passed in the House: Rep Marchant’s Debt Management and Fiscal Responsibility...

WASHINGTON, D.C. – Today, the House voted to pass H.R.3442, the Debt Management and Fiscal Responsibility Act, introduced by Ways and Means member Rep. Kenny Marchant (R-TX). Before its passage, Ways...

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