Rep. Beyer on Debt Limit Obstructionism: Gambling With the Full Faith and Credit of the U.S. Is Poor Economic Stewardship
September 29, 2021
September 29, 2021
WASHINGTON, Sept. 29 -- Rep. Don Beyer, D-Virginia, issued the following news release on Sept. 28, 2021:
The U.S. Congress Joint Economic Committee (JEC)--led by Chairman Don Beyer (D-VA)--released a new issue brief highlighting how defaulting on the federal debt would create a financial crisis on par with that of 2008, resulting in catastrophic economic damage with millions of jobs lost, businesses shuttered and a banking system in chaos.
The debt limit allows the fede . . .
The U.S. Congress Joint Economic Committee (JEC)--led by Chairman Don Beyer (D-VA)--released a new issue brief highlighting how defaulting on the federal debt would create a financial crisis on par with that of 2008, resulting in catastrophic economic damage with millions of jobs lost, businesses shuttered and a banking system in chaos.
The debt limit allows the fede . . .