Dear fellow MoveOn member,

Just over a week ago, Treasury Secretary Janet Yellen announced that the
U.S. government had hit the limit on total federal borrowing allowed by
law, also known as the debt ceiling. Unless Congress raises or does away
with the debt limit soon, the federal government will go into default,
triggering a global financial crisis that economists estimate will destroy
6 million jobs and $12 trillion in household wealth.^1

Congress can defuse this time bomb by simply raising the debt limit, as it
has dozens of times over the years, under presidents of both parties.

But Kevin McCarthy, Marjorie Taylor Greene, and the other MAGA radicals
now in control of the House of Representatives are refusing to raise the
debt ceiling unless President Biden agrees to deep cuts to Social Security
and Medicare.

Friends, I cannot overstate how dangerous this moment is. I honestly
believe that these MAGA extremists will drive our economy over the cliff
if their demands aren't met. It will require a major campaign to prevent
this disaster, and that's what MoveOn is planning.

However, MoveOn just told me that they are facing a $1 million fundraising
shortfall this month—money they were counting on to help fuel this fight.



That's why I'm personally asking you today: Will you chip
in $5 a month to MoveOn to keep them strong and able to stop
the Republicans from cutting Social Security and Medicare?

[ [link removed] ]Yes, I'll chip in monthly.

[ [link removed] ]No, I'm sorry, I can't make a monthly donation.



In order to win this fight, we need to mobilize overwhelming pressure on
Republicans in swing districts who don't want to be blamed for cutting
Social Security and Medicare or driving the economy off a cliff.

Right now, there are 18 Republicans from districts that President Biden
won in 2020, plus several more who will represent competitive districts,
and we would need only five of them to join with Democrats to raise the
debt ceiling and prevent an economic meltdown.

We can do it. There's a reason that Social Security is called the "third
rail" of American politics. Those who try to cut Social Security and
Medicare rarely survive politically.

However, we can't afford to go into this fight with MoveOn facing a
fundraising shortfall. We need MoveOn at full strength, doing what they do
best: people-powered grassroots campaigning.



Will you chip in $5 a month to MoveOn in order to ensure
that they have the sustained resources to take on the GOP for as long as
it takes?

[ [link removed] ]Yes, I'll chip in monthly.

[ [link removed] ]No, I'm sorry, I can't make a monthly donation.



Let's face it. Representatives like Greene, Matt Gaetz, and Lauren Boebert
don't care about what it would mean for the U.S. government to go into
default. All they care about is getting on Fox News and playing to the
insurrectionist MAGA base of the Republican Party.

We saw during the fight over the speaker of the House how far these people
are willing to go. They held up Congress for an entire week to extract
concessions from their own party leaders. Imagine what they'll do in a
fight with Democrats, when they'll have the entire right-wing media
machine cheering them on.



We can defend Social Security and Medicare and stop the MAGA radicals from
forcing the government into default—but only if we work together. Will you
start a $5 monthly donation to MoveOn today?

[ [link removed] ]Yes, I'll chip in monthly.

[ [link removed] ]No, I'm sorry, I can't make a monthly donation.



Thanks for all you do.

–Robert Reich

Source:

1. "Yellen says U.S. has hit debt limit, triggering 'extraordinary
measures,'" Politico, January 19, 2023
[link removed]



Want to support MoveOn's work? Voters just defied history and stopped a
MAGA wave of extremism at the polls. But there is more work to do to end
the filibuster, codify abortion rights into law, and defend our freedoms,
our families, and our futures. We can accomplish all this and more, but
only if we work together. 
 
Will you chip in monthly to power MoveOn's critical work? 

[ [link removed] ]Yes, I'll chip in $5 a month.

[ [link removed] ]No, I'm sorry, I can't make a monthly donation.





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