The H.R. 182, known as the "Default Prevention Act", is a bill introduced in the 119th Congress to ensure the United States continues to pay its debt obligations. It organizes the payment of obligations into five tiers, with Tier I covering essential payments like public debt...
Simple Explanation
The Default Prevention Act is like a special plan to make sure the U.S. pays its important bills in order, with super important ones like paying back borrowed money and health care bills going first, even if it runs out of its borrowing limit.