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NEWS: As Republicans Demand Major Cuts to Hurt Working Americans, 11 Senate Democrats Urge President Biden to Prepare to Invoke the 14th Amendment to Avoid Default

Press Release

Date: May 18, 2023
Location: Washington, D.C.
Issues: Constitution Monetary Policy Economy and Fiscal Government Budget and Spending

"Republicans' unwillingness to consider one penny in new revenue from the wealthy and large corporations, along with their diminishment of the disastrous consequences of default have made it seemingly impossible to enact a bipartisan budget deal at this time. We write to urgently request that you prepare to exercise your authority under the 14th Amendment of the Constitution, which clearly states: "the validity of the public debt of the United States…shall not be questioned.'"


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