Rep. Don Beyer

@RepDonBeyer ↗

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Last Checked Feb. 21, 2023

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Sat Oct 16 16:21:15 +0000 2021

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Rep. Don Beyer @RepDonBeyer

Remember— raising the debt ceiling does not add new debt, it allows the Treasury Department to pay bills that Congress already incurred. Failing to raise it wouldn’t reduce debt, it would cause a default that would wreck the economy, cause a recession, and cost millions of jobs. — PolitiTweet.org

Posted Oct. 16, 2021 Hibernated

Preceded By

Rep. Don Beyer @RepDonBeyer

Huge- @LeaderHoyer just signaled the House may take up legislation to permanently remove the threat of a default resulting from Congress failing to address the debt ceiling in time. I strongly support this, and am a cosponsor of bills by @RepBillFoster and @CongBoyle to do this. — PolitiTweet.org

In a new letter to members this morning, Hoyer said the House is exploring options to "remove the threat" of the de… https://t.co/NLCwVtesUr

Posted Oct. 16, 2021 Hibernated

Followed By

Rep. Don Beyer @RepDonBeyer

A default would also raise interest rates for ordinary Americans, driving up mortgage and car payments, credit card bills, and student loan costs. A default would increase borrowing costs for the US government, in fact even a near miss recently cost the Treasury $1.3 billion. — PolitiTweet.org

Posted Oct. 16, 2021 Hibernated