John,

Yesterday, President Biden discussed the real world impact of not raising
the debt limit and briefly detailed why the United States has never failed
to do so.

There is no reason for us to continue playing this game... we can simply
take away the ability of Republicans to use the debt ceiling to hold
Democrats hostage by abolishing it.

It is just an arbitrary legal rule that has no real economic standing.

Hitting the debt ceiling, potentially defaulting, and failing to pay out
our debts is not an option.

[ [link removed] ]Join DFA in telling Democrats to abolish the debt ceiling and bring an
end to this Republican manufactured crisis.

[ [link removed] ]Add Your Name

John,

Here we go yet again. With an October deadline upon us, the United States
came dangerously close to hitting the debt ceiling, potentially
defaulting, and thus sending the global economy into chaos.

Yes, we've seen this movie before, year after year. And it isn't getting
any better.

While Democrats were prepared to raise the debt ceiling, radical
Republicans in the Senate were about to force the country into yet another
economic cliffhanger, even though raising the debt limit does not create
any new spending and just ensures the government pays for obligations that
have already been made.

When Democrats are in power, Republicans have continuously used raising
the debt ceiling as an opportunity to threaten and extort concessions from
Democrats.

It’s selfish, irresponsible, and very dangerous.

Fortunately, there is a simple way we could end their hostage-taking
tactics once and for all: We can simply abolish the debt ceiling, which is
just an arbitrary limit set by Congress on the amount of funding that the
United States Treasury may borrow.

The debt ceiling can just be raised automatically, or abolished
altogether, as Treasury Secretary Janet Yellen recently suggested.

[ [link removed] ]Sounds good to you? Then sign our petition today in support of ending
the manufactured debt ceiling crisis we have now -- and stop Republicans
from threatening our economy again.

ADD Your Name: [link removed]

Democracy for America is fighting to make government work better for all
of us -- and requiring a congressional debt ceiling vote simply doesn't do
that. In today's contentious political climate, it just introduces an
unnecessary amount of risk into our system with absolutely no reward.

Republicans are playing with fire -- and rest assured they will threaten
to shut down the government again. They’ll continue holding the debt
ceiling hostage to push forward their agenda of cuts to Social Security
and Medicare.

It is clear we can't trust Republicans to value the full faith and credit
of the United States over their own political agenda. Our country
desperately needs an adult in the room before these ideologues finally
push us over the edge into a financial disaster.

[ [link removed] ]The bottom line is that we must take away Republicans' ability to
threaten economic collapse and do away with their hostage negotiations
tactics. Sign our petition now to end this routine manufactured crisis by
telling Democrats to abolish the debt ceiling.

ADD Your Name: [link removed]

Thank you for adding your name,

– Tre

Tre Graves
Digital Organizing Coordinator
Democracy for America




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