San­ders Very Dis­ap­pointed by Se­nate Vote on Debt Ceil­ing

Stanstead Journal - - NEWS - Wash­ing­ton, DC

Sen. Bernie San­ders (I-Vt.) is­sued the fol­low­ing state­ment on Oc­to­ber 12, af­ter Se­nate Repub­li­cans on a party-line vote blocked con­sid­er­a­tion of a mea­sure to raise the fed­eral debt ceil­ing:

“I find it in­cred­i­ble that ev­ery Repub­li­can voted against a mo­tion to even let the Se­nate con­sider leg­is­la­tion to pay our bills and pre­vent a de­fault. We are en­ter­ing very dan­ger­ous ter­ri­tory.

“It is be­com­ing in­creas­ingly pos­si­ble that for the first time in the his­tory of our coun­try the United States will be­come a dead­beat na­tion, pre­cip­i­tat­ing a na­tional and in­ter­na­tional fi­nan­cial cri­sis. If a de­fault oc­curs, it is likely that in­ter­est rates will spike for home mort­gages, car loans, stu­dent loans and credit cards. It is pos­si­ble that the stock mar­ket will plunge, deeply im­pact­ing pen­sion pro­grams and house­hold sav­ings. This must not be al­lowed to hap­pen.

“The Amer­i­can peo­ple have been very clear in un­der­stand­ing that right-wing Tea Party Repub­li­cans should not be shut­ting down the gov­ern­ment or threat­ing not to pay our bills be­cause of their ha­tred of the Af­ford­able Care Act or want­ing cuts in So­cial Se­cu­rity, Medi­care or Med­i­caid. That is wrong. Demo­cratic gov­ern­ment can­not func­tion when a small fac­tion choses to hold the Amer­i­can peo­ple hostage.”

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