Tuesday, July 26:
WASHINGTON — With the United States poised on the brink of a potential default, President Barack Obama appealed to Americans to “make your voice heard” to members of Congress.
They appear to have listened.
Heavy traffic caused a number of websites of members of Congress to crash overnight and the congressional switchboard was deluged with phone calls on Tuesday.
The websites of several members of the House of Representatives and Senate, both Democrat and Republican, were sluggish or simply unavailable, apparently due to the greater than usual volume of visitors.
Let them know you exist and can vote:
What could happen if the debt ceiling isn’t raised next week? You may as well let your representatives in Congress know what should be paid if it’s not raised:
Salon | What happens if the debt ceiling bomb explodes?:
In some quarters of the American political system, there are people — predominantly of the Tea Party Republican persuasion — who believe that Congress doesn’t need to raise the debt ceiling. If the U.S. government isn’t allowed to borrow any more money to pay its bills, runs their line of thinking, that’s fine and dandy. Finally, we’d be forced to tighten our belts and “live within our means!” Ignore the fearmongers predicting disaster — they’re just trying to scare markets and voters.
[…] Let’s start with the basic numbers. According to the Bipartisan Policy Center, the U.S. Treasury will have about $172.4 billion in revenue in August that can be applied to $306.7 billion in outstanding bills. If the U.S. Treasury is forbidden from borrowing any additional funds, it will therefore have to cut total August spending by about $134 billion, or 44 percent. …Click on over to this cool interactive widget at Bloomberg Government and decide for yourself who gets paid and who doesn’t if Congress fails to raise the debt ceiling.
Spreadsheet breakdown (we have a spending problem but WE ALSO HAVE A REVENUE PROBLEM!):
Read the rest….
Related: Policy failures of the GOP: the debt could disappear if the rich paid taxes at 1960s levels