Julia Brownley: “House Republicans' ineffectual and outright wrong economic policies are bringing our country to the brink of default and…”

“House Republicans' ineffectual and outright wrong economic policies are bringing our country to the brink of default and opening the door to crippling financial hardships for America's working families. In addition to catapulting our Nation into economic instability, the House Republican default on America bill will cause unemployment to double, the stock market to crash, and mortgage and student loan rates to skyrocket. The Republican budget cuts vital funding to schools, forces communities to lay off thousands of first responders, and increases housing costs. Rather than discuss the budget in good faith, Republicans are intent on holding the full faith and credit of the United States hostage. Under the guise of responsible spending, Republicans are destroying our economy and putting the lives and livelihood of millions of Americans at risk in the process. House Democrats stand united in working for the people and building an economy that lowers costs, creates good-paying jobs, and makes communities safer. ____________________”