Is this true? How would we know, especially those of us who aren't zipperheads waiting for conservative commentators to tell us what to say?
I did what I always do, some online research. Here's a history of US federal government defaults. There was a brief, accidental default in 1979. The one before that was in 1934, when the US went to a fractional gold standard. These defaults tell us nothing about what would happen in the 21st century if the US was to default.
What does a non-zipperhead business reporter think will happen if we default? It depends how long the default lasts, but it's not good and gets worse from there.
Finally, what about prioritizing US government payments? No can do. No legal framework and no practical framework.
I hope you aren't too tired for one last question. Why aren't the Republicans asking these questions instead of speculating out their asses?
Default party confetti!!!! Bonds, of course
Extra. Here's the follow-up post with more details on why prioritizing payments isn't a workable idea.