Our Treasury debt has long been the world's safest asset, historically, but default extortion has lowered credit ratings.
Bill Pascrell: “Our Treasury debt has long been the world's safest asset, historically, but default extortion has lowered credit…”
On the recordDecember 5, 2023
Source
congress.govEditor's note · Context
Pascrell discusses the historical safety of Treasury debt and the effects of default threats.
Share
More from Bill Pascrell
May 14, 2024
A fan shouldn't have to sell a kidney or mortgage a house to see their favorite performer or team. That is what it has come to. That is what it has come to. Of course, I remain committed to the BOSS and SWIFT ACT. It just takes a little…
May 7, 2024
I thank the gentlewoman for yielding time. Mr. Speaker, I rise today in strong support of this legislation to reauthorize the Assistance to Firefighters Grants, the Staffing for Adequate Fire and Emergency Response Grants, and the United…
Jun 25, 2024
Our job--I thought our job was to protect the least of these among us, our seniors and our children.





