Yesterday, Representative Ted Budd voted against suspending the debt limit, playing politics instead of ensuring that America can pay its bills. Republicans’ refusal to suspend the debt ceiling jeopardizes the economy, Social Security payments, pay for North Carolina troops, and flood insurance extension as many try to recover and rebuild in the wake of severe storm damage.
Do Pat McCrory and Mark Walker agree with Ted Budd’s refusal to suspend the debt ceiling and instead risk the recovering economy and needed services for people across North Carolina?
Here’s what’s on the line:
- Failing to suspend or raise the debt ceiling for a prolonged period would result in up to 6 million jobs being lost.
- $20 billion in Social Security payments owed to seniors could also be jeopardized, as U.S. Treasury officials would face excruciating choices in which payments to make and which to default on.
- Pay for U.S. soldiers and federal workers, as well as…