Senate Budget Committee

@SenateBudget ↗

Deleted No

Hibernated No

Last Checked April 3, 2023

Created

Sat Mar 11 15:58:57 +0000 2023

Likes

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

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

Preceded By

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

Followed By

Senate Budget Committee @SenateBudget

Scenario 2—Republicans allow the U.S. to default for weeks as a long standoff ensues. The result? We have a severe recession. The economy gets 4% smaller, 7 million jobs are lost, and unemployment doubles to above 8% https://t.co/ZVQJ8rfb98 — PolitiTweet.org

Posted March 11, 2023