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Today, Treasury Secretary Janet Yellen warned that unless action is taken by Congress, the U.S. will default “as early as June 1.” Yellen warned in her letter, “if Congress fails to increase the debt limit, it would cause severe hardship to American families, harm our global leadership position, and raise questions about our ability to defend our national security interests.”
In other words, House Republicans are just one month away from forcing a catastrophic default that threatens the economic wellbeing of millions of Americans, all to enact an extreme MAGA agenda that would gut veterans’ benefits, investments that are creating American jobs, and essential programs that everyday families depend on.
Reminder: If House Republicans cause a default, markets would crash, jobs will be destroyed, and prices will skyrocket.
DCCC spokesperson Tommy Garcia:
“If House Republicans continue to use the U.S. economy as a bargaining chip to gut programs that American families and veterans depend on, they will be held accountable every day until election day in 2024.”
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