Rep. King wants debt ceiling bill tied to defunding healthcare law

The debt ceiling debate has been postponed until later in the summer, as the Treasury Department has said it can manage the debt under the current ceiling until then. But even later in the year, it is unlikely what conditions Republicans will ultimately demand as part of a bill to raise the ceiling.

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King also said he wants a guarantee that the U.S. military would get paid if the U.S. bumped up against the debt ceiling, and supports a bill from Rep. Tom McClintock (R-Calif.) that would ensure that debt interest payments would get top priority in the event that the ceiling were not raised.

King spoke shortly before the House adjourned at about 3:40 p.m. Thursday.

The presiding officer said he House will convene briefly at noon Friday, but no legislative work is planned.