Rep. Don Beyer

@RepDonBeyer ↗

Deleted No

Hibernated Yes

Last Checked Feb. 21, 2023

Created

Sat Oct 16 16:25:51 +0000 2021

Likes

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

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

Preceded By

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

Followed By

Rep. Don Beyer @RepDonBeyer

Failing to raise the debt limit actually costs the US *more* money. If you want to address debt, just pay for things. That’s what we are doing with Build Back Better, as we ask the wealthy to pay their fair share. A contrast from the GOP’s “tax cuts will pay for themselves.” — PolitiTweet.org

Posted Oct. 16, 2021 Hibernated