“McCarthy’s concessions spur fears of potential default, government shutdown” - The Hill
Team,
In order to become Speaker of the House, Kevin McCarthy made a number of concessions to hardline Republicans – one of them being that any move to raise the debt ceiling must be accompanied by drastic spending cuts. Extreme Republican chaos is putting us at risk of a catastrophic default.
Let’s be frank: if the debt ceiling is not raised and we default, there will be dire consequences for our country. The Treasury Department may not have enough money to cover military and federal workers’ salaries – or even Social Security – and our doctors who treat patients enrolled in Medicare won’t get paid. The result will be nothing short of economic carnage, with instability roiling the markets… skyrocketing interest rates… turbo-charged inflation… and long-lasting damage to our country’s standing in the world.
This is what Mark Warner is facing in the Senate right now, and to top it off, the first monthly fundraising deadline of the year is just days away. That’s why it’s crucial Democrats at the House, Senate, and Grassroots level stand together right now.
Mark needs you to step up and have his back while he’s working to prevent this Republican chaos. Can you chip in $5 right now before our critical end-of-month deadline? [link removed]
We can’t allow the American people to be held hostage by the Republican agenda, or by a handful of right-wing extremists who managed to derail the swearing-in of the House of Representatives for days.
So please, we’re asking: Donate anything you can afford so we can hit our end-of-month goal and keep fighting for progress >> [link removed]
Thank you for your support,
Team Warner
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