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Debt Ceiling

Tuesday, August 2, 2011

Markey Stands Against Debt Plan, Rips Tea Party

"Rather than engaging in a sensible, bipartisan process, the inflexible, ideology-fueled Republican Party and its extreme Tea Party faction has forced the country into a choice that should never have been necessary," -- Rep. Ed Markey, D-Massachusetts.

The debt ceiling plan passed by Congress was fueled by "ideology-fueled Republican Party and its extreme Tea Party faction," according to Ed Markey, a Democrat who represents Arlington in the House. “We are being forced to choose between the first default in our country’s history or trillions in cuts in investments that create jobs and benefit the lives of countless Americans across the country," Markey said in a statement Tuesday morning. The house failed to act in a bi-partisan manner in passing the plan, Markey said, blaming the Tea Party for pressuring legislators to either approve a plan that calls for deep cuts or default on loans. “Fulfilling our country’s financial obligations is a fundamental responsibility, and both political …

Sunday, July 31, 2011

Congressman Lynch Discusses Debt Limit Via Telephone Town Hall Meeting

Congressman Stephen F. Lynch held a telephone meeting with seniors from the Ninth Congressional District on Friday about the debt ceiling and it's potential impact on Social Security.

With several possible solutions to the U.S. debt limit issue in play and even more opinions on how those results could affect Social Security, seniors in the Ninth Congressional District have been reaching out to Congressman Stephen F. Lynch for answers. In a telephone town hall meeting on Friday, July 29, Lynch vowed to protect seniors and Social Security as the deadline to raise the national debt limit approaches. The Treasury Secretary has said the limit of $14 trillion will be reached by Aug. 2. Over the past two weeks, the Democratic congressman said his offices in Boston, Brockton and D.C. were all inundated with calls about the debt limit. Between 80 and 90 percent were from seniors asking questions about the impact a deal could …

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