Claim: "The U.S. won't default, because default means that you don't pay your creditors. And it takes about 10 percent of the money that's coming in right now" to pay interest to bondholders.
Fact-check: Georgia Republican Tom Price says paying debtholders first will stave off default
Verdict: false
Organisation: PolitiFact
Author: Louis Jacobson;Willoughby Mariano
Date published: 2011-07-26T00:00:00