,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #cbif  ,,in ,,the ,,house ,,of  
,,representatives  ,october #af1        
#bjac,mr4 ,gallego introduced the       
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to authorize the ,united       
,states ,department of ,treasury to     
prioritize certain payments in the event
 that the debt limit is reached4  #a4   
,short title ,this ,act may be cited as 
the ,pay ,america ,first ,act4  #b4     
,authority to protect ,america's        
seniors1 veterans1 and other domestic   
payments prior to debt obligations to   
foreign bondholders ,this ,act shall    
take effect if the ,united ,states      
,government defaults on its legal       
obligations for the first time in its   
history1 as evidenced by the ,secretary 
of the ,treasury taking any of the      
following actions3 7#a7 ,withhold from  
making payments of debt obligations to  
foreign bond holders1 including those in
 ,china1 ,iran1 and the ,cayman         

,islands1 before making payments of debt
 obligations to programs as listed      
below3  7a7 ,make a payment of a debt   
obligation to the ,social ,security and 
,medicare trust funds or redeem a debt  
obligation held by those trust funds4   
7b7 ,redeem a debt obligation held by a 
trust fund providing veterans benefits1 
including the ,veterans ,special ,life  
,insurance ,fund1 the ,veterans         
,reopened ,insurance ,fund1 the ,armed  
,forces ,retirement ,home ,fund1 and the
 ,court of ,veteran ,appeals ,retirement
 ,fund4  7c7 ,redeem a debt obligation  
held by an intragovernmental fund with  
the purpose of assisting ,americans     
during a natural disaster1 including    
reserves for the ,national ,flood       
,insurance ,program and other disaster  
relief funds appropriated to the        
,president4  7d7 ,make a payment of debt
 obligations to the ,department of      
,defense1 including civilian and        
uniformed personnel 7,army1 ,navy1      
,marines1 ,air ,force71 military active 

pay and military retirement benefits1   
and military benefits to their families4
  #c4 ,report on certain actions  7#a7  
,in general1 after the date of the      
enactment of this ,act1 the ,secretary  
of ,treasury exercises his or her       
authority under subsection 7a71 the     
,secretary shall thereafter submit a    
report each week to ,congress on the    
payments issued and amount of revenues  
incoming and remaining reserves for     
upcoming payments issued4