Ashley Hinson and Mariannette Miller-Meeks’ Reckless Vote To Default on America’s Bills Would Tank U.S. Economy, Put Millions of Workers and Seniors At Risk

Moody's Analytics: "This economic scenario is cataclysmic. … The downturn would be comparable to that suffered during the [2008] financial crisis"

Tuesday night, Ashley Hinson and Mariannette Miller-Meeks put millions of American workers, seniors, and small business owners in harm's way by voting "NO" on the historically bipartisan vote to raise the U.S. debt limit.

According to a Moody's Analytics study, Hinson and Miller-Meeks' dangerous and reckless "NO" vote on raising the debt limit could have immediate and urgent consequences. Failing to raise the debt limit would cost the country 6 million jobs, send unemployment surging to 9 percent, and threaten the economic progress President Biden and House Democrats have made in pandemic recovery. The report warns that seniors on Social Security could lose as much as $20 billion and more than $15 trillion in household wealth could be wiped out if Republicans' extremist politics lead America to default on its bills.

DCCC Spokesperson Elena Kuhn:

"Ashley Hinson and Marianette Miller-Meeks' dangerous and reckless "NO" vote bucks the historically bipartisan commitment to ensure America never defaults on its bills, threatening President Biden and House Democrats' economic progress and putting millions of American workers and seniors in harm's way. It's no wonder the party of Donald Trump is choosing extremist politics instead of paying its bills, thankfully House Democrats are in charge and voted to protect American families from economic catastrophe."

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