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Send a message: Social Security and Medicare are sacred. Republicans must not use them as hostages [1]
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Date: 2023-01-18
Treasury Secretary Janet Yellen warned Congress last week that the United States will hit its statutory borrowing cap on Thursday, Jan. 19.
At that point, the Treasury Department will begin using “extraordinary measures” to stay under the cap for as long as possible—but that likely won't get us past June. If Congress takes no action, the United States could be unable to pay its debts, causing a financial meltdown.
To be clear, we're not talking about accruing more debt. We're talking about paying the country’s existing debts. As Daily Kos’ Joan McCarter explained, this has not happened since Congress created the debt limit as a funding mechanism in 1917, to ensure payment for the costs of World War I.
Make no mistake: This is a manufactured crisis. MAGA Republicans have pushed us to this brink, and they have waited years for this moment to demand massive cuts to Social Security, Medicare, Medicaid, and other programs that serve as a lifeline to vulnerable communities.
Sign and send the petition to your members of Congress: Pass the debt limit with no conditions, and no hostages. Save Social Security, Medicare, and other essential programs
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[1] Url:
https://www.dailykos.com/stories/2023/1/18/2147883/-Send-a-Message-Social-Security-amp-Medicare-are-sacred-Republicans-must-not-use-them-as-hostages
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