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Breaking information! We’re an estimated 22 days away from the GOP-created debt ceiling disaster changing into a world-wide drawback. [1] If Congress doesn’t take instant motion to boost the debt ceiling, like Trump did 3 times on his watch [2], we’ll– for the primary time in historical past – default, resulting in a domino impact of financial downturn, layoffs, elevated poverty, and a recession. Nobody needs that!
Earlier this week President Biden and Democrats in Congress held agency whereas the Republican management continued to play hen with our households, youngsters, and financial system–insisting that they are going to solely increase the debt ceiling if Democrats comply with MASSIVE and damaging cuts to well being care, little one care, diet packages, and veteran’s packages. [3] And whereas Republicans profess concern concerning the debt, they’re holding tight to the tax breaks which have massively enriched billionaires and large companies through the Trump administration and COVID.
We all know what our households and financial system want and a man-made manufactured disaster shouldn’t be it!
***TAKE ACTION NOW! Signal our letter to the U.S. Congress calling on them to right away increase the debt ceiling and reject pointless cuts that can put our households, youngsters, jobs, and financial system in peril! -Once you click on, you’ll routinely signal on if we have already got your data.
Right here’s what’s occurring: Extremist Republicans within the Home of Representatives, led by Speaker Kevin McCarthy (R) are utilizing a risk to not increase the debt ceiling (which might trigger financial chaos within the U.S. and around the globe) in an try to drive Democrats to chop critically necessary packages that elevate households and the financial system like Medicaid, Medicare, meals stamps (SNAP), WIC, little one care, veteran’s packages, and different very important packages which might be essential to our nation’s households, companies, and financial system. Speaker McCarthy and Republicans in Congress are bullying our households with this ultimatum: Ship our financial system right into a tailspin by way of default OR minimize the very investments – like Medicaid, meals and rental help, little one care, and extra – that permit households to thrive. In the meantime, their plan racks up extra debt by permitting billionaires to evade their taxes, then asks households to foot the invoice.
This isn’t a check. Not elevating the debt ceiling, i.e. defaulting, would result in 6 million veterans and their beneficiaries dropping advantages, households seeing month-to-month rental and little one care help delayed, 65 million individuals wouldn’t get their Social Safety checks, and small companies across the nation might see funds from the federal authorities delayed, hitting a variety of industries, from development and cleansing providers to well being care and meals providers.
A default of any kind would virtually positively catapult our already struggling financial system right into a recession resulting in layoffs, elevated poverty, and well being dangers. [3] That’s why Congress has at all times raised the debt ceiling. The irresponsible and dangerous funds cuts Republicans are suggesting in return for avoiding default will imply extra households and youngsters will go hungry–41.5 million individuals might lose SNAP (meals stamps) and 200,000 low-income youngsters might lose entry to Head Begin, whereas 100,000 others would lose the kid care help they should entry early studying. [5]
If policymakers actually care about deficit discount, they’ll make the wealthy and companies pay their justifiable share of taxes, not take meals, childcare, and healthcare away from youngsters and households!!
The actual-world impacts of the Republican manufactured disaster can’t be ignored! We have to converse out NOW to guard our youngsters, households, jobs, and financial system!
We all know the talk concerning the debt ceiling is complicated – that’s why we made a video to clarify it! Please watch and share our video explaining what this “debt ceiling default” dialog is all about after which signal our letter calling on Congress to “increase the debt ceiling at once!” -Once you click on, you’ll routinely signal on if we have already got your data.
The message we’re sending to Congress is brief and easy–but extremely necessary:
Expensive Member of Congress:
With excessive urgency, we’re calling on you to move a clear increase within the debt ceiling with none cuts to funding, boundaries to diet or well being packages, or extra political maneuvers that put the well being, security, and well-being of our youngsters, households, and financial system in danger.
Sincerely,
There’s a path ahead that values our households and communities – that places no restrict on the what our households and youngsters can obtain. We will spend money on Medicaid in order that irrespective of your zip code or how outdated you’re, you could have entry to prime quality reasonably priced well being care. We will spend money on SNAP in order that extra households aren’t staring down starvation amidst rising meals prices. We will make sure that extra households have the earnings they should present the fundamentals for themselves and their youngsters. We will spend money on little one care, paid depart, and residential and group primarily based providers, in order that our households can steadiness work and caring for our family members. And we will afford to do this stuff by asking the rich and companies to pay their justifiable share in taxes.
SIGN our letter now and ensure our elected leaders know that we are going to not stand for our households being bullied into an pointless political and financial disaster! It’s necessary that as many individuals know what’s going on as attainable. The Republicans are banking on the truth that they’ll play hen with our households and nobody will discover. When you watch our video and signal our letter, share this electronic mail along with your family and friends to allow them to perceive totally what the debt ceiling debate is all about.
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