Jack, the United States is on the brink of a potential default, which could have disastrous consequences for our economy, negatively affecting millions of Americans.
This is all happening because Republicans are using the threat of a default as a way to force concessions out of Democrats that wouldn't happen otherwise.
Sign the petition to President Biden: Use the 14th Amendment to save us from default.
SIGN THE PETITION
Republicans want to strip trillions of dollars from crucial programs that countless Americans depend on for survival and progress, and they are threatening to force the U.S. to default on its debts if they don't get their way. The programs Republicans are targeting include safety net programs covering housing, education, Medicaid, veterans' benefits, and more.
However, we can avoid this hostage situation if President Joe Biden exercises the authority granted to him by the 14th Amendment and directs the U.S. Treasury to continue servicing our debts, thereby preventing a catastrophic default no matter what Congres does. While the concept of a "debt ceiling" was legislated in 1917, the 14th Amendment suggests that such a limit may not be necessary and that a default would actually be unconstitutional.
We can't let the U.S. default on its debts. Sign the petition to President Biden: Use the 14th Amendment to save us from default.
SIGN THE PETITION
Thank you for fighting with us,
Mayra Souza, Daily Kos
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