Senate Budget Committee

@SenateBudget ↗

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Last Checked April 3, 2023

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Sat Mar 11 15:58:57 +0000 2023

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Senate Budget Committee @SenateBudget

Scenario 1—Republicans pass a law to pay only some of our bills if they cause default. The result? Millions of families and businesses don’t get paid on time, markets crash, Republicans quickly change course, but the damage is done. https://t.co/O57jfcxOC4 — PolitiTweet.org

Posted March 11, 2023

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Senate Budget Committee @SenateBudget

By threatening default, MAGA Republicans are steering our economy toward unprecedented chaos. Here are 3 possible scenarios from their debt brinkmanship and default threats. Spoiler alert: All of them would be disasters for U.S. workers and families. 🧵 https://t.co/vRdqwsvK5E — PolitiTweet.org

Posted March 11, 2023

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Senate Budget Committee @SenateBudget

Even if they default for only a few days, the economy enters recession, the U.S. loses a million jobs, and GDP shrinks by nearly 0.5%. The government will pay higher interest rates FOREVER. House Republicans should not be planning to push the U.S. over this cliff. — PolitiTweet.org

Posted March 11, 2023