Joy Reid went after Mitch McConnell & Co. over their willingness to destroy the economy just to own the libs. "They are refusing to vote to increase the debt ceiling. According to a report from Moody's, a prolonged debt ceiling breach could wipe out $15 trillion in household wealth and surge the unemployment rate to 9%," she said. "It is so bad that six former Treasury secretaries wrote a letter imploring Congress to extend the limit, saying allowing an unprecedented default could cause serious economic harm.

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Sections:  politics   
BING NEWS:
  • Objections to student debt relief expose GOP hypocrisy
    The political world is in an uproar over President Joe Biden’s dispensing of student debt relief. It’s not so much that Biden implemented the relief program at all; what got politicians and pundits ...
    04/21/2024 - 10:05 pm | View Link
  • Bill Blocking SEC’s Climate Rule Teed Up for Full House Vote
    A measure to prevent the SEC from implementing its March climate disclosure regulation cleared a House panel Wednesday along party lines.
    04/17/2024 - 12:17 pm | View Link
  • GOP candidate said national debt spiked under opponent, Biden | Fact check
    Eric Hovde said the president and Sen. Tammy Baldwin “have added over $7.3 trillion of debt, more than the first 228 years of our nation’s history combined.” ...
    04/12/2024 - 10:59 pm | View Link
  • 'We are not a deadbeat nation': White House calls on GOP to raise debt limit after vote
    If the debt limit is not raised, a default would impact all Americans. A recession and stock market crash could also follow, economists said.
    04/27/2023 - 8:12 am | View Link
  • More

 

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