Moments ago, Congress passed a bill temporarily raising the debt ceiling
and pushing off the prospect of global economic disaster for two months.
Unfortunately, come early December, we'll be right back where we are now.
What the delay does, though, is give us time to organize.

Mitch McConnell and Republicans in Congress are using the debt ceiling to
play a dangerous game of Russian Roulette with the global economy and
millions of people's livelihoods.

The debt ceiling is not in the Constitution. It was created by Congress
over a hundred years ago, and either Congress or the president can
eliminate it. And they should. Democrats don't even need Republicans to
cooperate.

[ [link removed] ]Sign the petition urging Dems in Congress to abolish the debt ceiling
and protect the global economy from this Republican manufactured crisis.

Raising the debt ceiling doesn't authorize new spending. What it does is
allow the government to pay the bills Congress has already approved.

In 2011, Mitch McConnell weaponized the debt ceiling to further
Republicans' push to cut Social Security and Medicare benefits.

Because the risk is so great, a diverse group of economic leaders has
endorsed our call to abolish the debt ceiling -- from progressive Treasury
Secretary Janet Yellen to JPMorgan Chase CEO Jamie Dimon. The New York
Times Editorial Board echos are call too, saying: "anything short of
eliminating the ceiling is legislative malpractice at public expense.”

It is time for Democrats to act to eliminate the debt ceiling and stop
Republicans in Congress from using it to hold our economy hostage.

[ [link removed] ]SIGN THE PETITION TO ABOLISH THE DEBT CEILING.

Thanks for being a bold progressive.

-- The PCCC Team ([ [link removed] ]@BoldProgressive)

 

 

 


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