Congresswoman Ross Statement on Republican Failure to Prevent a Catastrophic Default
Targeted News Service
WASHINGTON, May 26 -- Rep. Deborah Ross, D-North Carolina, issued the following statement on May 25, 2023:
* * *
Congresswoman Deborah Ross (NC-02) released the following statement on House Republicans' failure to raise the debt ceiling before sending Congress home for Memorial Day weekend.
In North Carolina'sSecond District alone, a Republican default crisis would jeopardize Social Security payments for 59,000 families and put health benefits at risk for 163,000 residents who get their health insurance through Medicare, Medicaid, or Veterans Affairs coverage.Nationally, 7.1 million veterans and their families could see their benefits put on hold or stopped because of a default.
"It's unacceptable that Republicans have sent Congress home for Memorial Day weekend while simultaneously pushing our country to the brink of default and threatening the health care and benefits of millions of veterans," said Congresswoman Ross. "Republicans have created this mess, and it's time for them to take responsibility.
"They need to stop holding the economy hostage for an extreme wish list and raise the debt ceiling."
Cassidy, Capito, Republican Colleagues Urge EPA to Withdraw Recent Vehicle Emissions Rules
EPA: Biden-Harris Administration Announces $7.25M for Cleanup and Assessment at Polluted Brownfields Sites in Vermont
Advisor News
- Succession planning: Building the future of your practice
- From loss to security: Supporting widowed clients with life insurance
- Plan now for lower Social Security benefits later
- The conversation almost no advisor is having yet
- Why advisors should offer retirement-longevity planning
More Advisor NewsAnnuity News
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Record IUL sales don’t diminish the need for continued customer engagement
- Benchmark International Successfully Facilitated the Transaction Between National Group Marketing Trust and New Era Life Insurance Companies
- Why the bond market is flexing its muscles, and why everyone needs to care
- An Application for the Trademark “LIVE TODAY, SECURE TOMORROW.” Has Been Filed by Security Mutual Life Insurance Company of New York: Security Mutual Life Insurance Company of New York
- Modern Woodmen board selects Shea Doyle as next president and CEO
More Life Insurance News