Congresswoman Michele Bachmann joined her colleagues Congressmen Steve King (IA-05) and Louie Gohmert (TX-01) to unveil H.R. 2496, the “Payment Reliability for our Obligations to Military and Investors to Secure Essential Stability Act,” or the PROMISES Act. Introduced by King, this legislation ensures spending is prioritized in the case the federal government exceeds its ability to borrow. The PROMISES Act will direct the Treasury to pay down the interest on our national debt and ensure the Armed Forces are paid for their tireless service.