The Massachusetts Democrat said many newly elected Republicans think they can help Trump win in 2024 by creating 'chaos in the economy.'
on Sunday that the House's"best shot" at raising the limit"is to do it now."
"There's great risk to even discussing not doing it," said Pelosi, pointing to the destructive 2011 standoff over the debt ceiling, which allowed Republicans to."So this is dealing with fire when we're talking about the stability of our credit rating." During an event at AFL-CIO headquarters in Washington, D.C. on Sunday, Congressional Progressive Caucus chair Rep. Pramila Jayapal Last month, dozens of congressional Democratstheir party's leaders to"take legislative action that will permanently undo the threat posed by the debt limit"—a call that Social Security defenders echoed.
"Democrats, including President Joe Biden, focused heavily on Social Security during the campaign," Alex Lawson, executive director of Social Security Works, said in a statement last week."They made sure voters knew about Republican threats to the program, and promised that Democrats would protect Social Security."
"Now," Lawson added,"it's time for Democrats to keep that promise by raising or eliminating the debt ceiling in the final months of the year, so that Republicans can't use it as leverage to force cuts to Social Security and Medicare."
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