If Democrats refuse to go along with the extortion scheme, the U.S. government will default on its obligations for the first time, creating economic chaos...
Tuesday, January 17, 2023
The problem(s) with the GOP’s ‘emergency’ debt ceiling plan
The whole point of raising the debt ceiling is to do precisely one thing: allow the United States to pay its bills. That's it. That's why this has to happen. Republicans are preparing a hostage crisis in which GOP lawmakers will only allow the United States to pay its bills if Democrats agree to a series of demands set out by Republican leaders.
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