I want to talk about how it's going to impact us or could and then sort of take it from there. So this bill is essentially the Republicans [are] holding the American economy hostage [by refusing to raise the debt ceiling]. They are saying that they will force us into default by refusing to raise the debt ceiling for spending and tax cuts and things that have already passed through the Congress, including massive tax cuts they jammed through under Donald Trump as president. (01:10–01:12)
CLAIM
Asserts that Republicans are using the debt ceiling as leverage, risking economic default.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
