From the Majority Leader Press Shop:
In case you missed it, the Washington Post’s Editorial Board didn’t mince words with their recent editorial about Republicans’ political games with our nation’s full faith and credit: The nation faces financial calamity. Republicans will be to blame.
In case the title didn’t say it plainly enough, here’s more from the editorial about the recklessness that Republicans are displaying as they threaten global financial crisis in the name of scoring political points against a Democratic administration:
“The nation faces an epochal financial disaster if Congress fails to raise the debt limit, forcing the country to default on its obligations and inviting a global financial panic. If that happens, there will be no doubt about who is at fault: Senate Minority Leader Mitch McConnell (R-Ky.) and his Republican caucus, who are playing games with the full faith and credit of the United States.”
“Democrats joined with Republicans to suspend the debt ceiling during the Trump administration. But Mr. McConnell suddenly declares that the majority is solely responsible for performing this unattractive task, even though he pioneered the routine use of the filibuster to force any and all Senate legislation to overcome a 60-vote threshold.”
“Never mind that raising the debt limit does not approve any new spending; it merely permits the treasury to finance the spending Congress already has okayed. National default should be unthinkable, and the need to avoid default should not be viewed as a political opportunity. Time’s up. It’s hard to see how anyone professing patriotism could willfully risk inflicting this kind of harm on the nation. Republicans with any sense of responsibility should band together and help pass a clean debt limit increase.”
In case you missed it, the Washington Post’s Editorial Board didn’t mince words with their recent editorial about Republicans’ political games with our nation’s full faith and credit: The nation faces financial calamity. Republicans will be to blame.
In case the title didn’t say it plainly enough, here’s more from the editorial about the recklessness that Republicans are displaying as they threaten global financial crisis in the name of scoring political points against a Democratic administration:
“The nation faces an epochal financial disaster if Congress fails to raise the debt limit, forcing the country to default on its obligations and inviting a global financial panic. If that happens, there will be no doubt about who is at fault: Senate Minority Leader Mitch McConnell (R-Ky.) and his Republican caucus, who are playing games with the full faith and credit of the United States.”
“Democrats joined with Republicans to suspend the debt ceiling during the Trump administration. But Mr. McConnell suddenly declares that the majority is solely responsible for performing this unattractive task, even though he pioneered the routine use of the filibuster to force any and all Senate legislation to overcome a 60-vote threshold.”
“Never mind that raising the debt limit does not approve any new spending; it merely permits the treasury to finance the spending Congress already has okayed. National default should be unthinkable, and the need to avoid default should not be viewed as a political opportunity. Time’s up. It’s hard to see how anyone professing patriotism could willfully risk inflicting this kind of harm on the nation. Republicans with any sense of responsibility should band together and help pass a clean debt limit increase.”