The Villages Democratic Club
Raising the Debt Ceiling
We All Need to Take Action!
We need the debt ceiling raised NOW before it is too late. At the same time, we should have good faith negotiations between the GOP and the Democrats on the federal budget. We should not couple the debt ceiling with the budget negotiations, otherwise, this will happen every time we need to raise the debt ceiling.
McCarthy is willing to default on our debts, paralyze the nation’s economy, reduce critical social programs (such as Medicaid and veterans benefits), undermine our climate change fight with short-sighted, fossil-fuel-first policies, and threaten the clean energy boom that is creating hundreds of thousands of new jobs nationwide. Maybe we should start with the tax reductions to billionaires and millionaires, approved by Congress during the Trump presidency, that accounts for 25% of the current debt.
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