Cicilline: Extreme Default on America Act Plays Politics at the Expense of Rhode Islanders
Jennifer.Bell2…
Wed, 04/26/2023 - 20:20
WASHINGTON, DC – Congressman David N. Cicilline (RI-01) today voted against the Default on America Act, an extreme MAGA Republican proposal that will inflict cruel budget cuts which will hurt Rhode Islanders.
“The Default on America Act is an absurd, cruel proposal that is not – as House Republicans claim – fiscally responsible,” said Congressman Cicilline. “America pays its bills and cannot default on its debt. This would be incredibly irresponsible and would wreck the nation’s economy with rippling effects worldwide. This proposal will raise costs for working families, increase unemployment, car payments, student loans, and credit card bills, and mortgages will skyrocket. I stand ready to work with my colleagues on both sides of the aisle to continue Democrats’ historic deficit reduction and responsibly invest in America to lower costs and create better paying jobs. Enough with the political games.”
By refusing to act now to prevent a default on America’s debt, House Republicans are threatening an economic disaster that will devastate Rhode Island families, seniors, and students.
In Rhode Island’s First Congressional District, this Republican default on our debt would:
The Default on America Act is no better.
In Rhode Island alone, this extreme House Republican scheme would:
House Democrats have already cut the deficit by historic levels and President Biden’s budget reduces deficits by $3 trillion more over the next 10 years while investing in America – lowering costs by making childcare, health care, and housing more affordable, supporting better schools, and strengthening our infrastructure.
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