We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 6, 2015.
Transparency on Prioritizing Spending Act
This bill requires the President to submit a report to Congress detailing the priority of paying obligations of the federal government in the event that the statutory debt limit is reached. The report must be submitted no later than 30 days after enactment of this Act.