Debt Ceiling

WASHINGTON, DC - In a speech on the Senate floor Thursday afternoon, Senator Peter Welch (D-Vt.) blasted the fiscal irresponsibility of congressional Republicans’ refusal to raise the debt ceiling without precondition. He outlined the dangerous consequences—both domestic and global—of a U.S. fiscal default, highlighting the…

WASHINGTON, DC - In a Tuesday floor speech, Senator Peter Welch (D-Vt.) laid out the catastrophic economic effects of defaulting on our national debt, after House Republicans made clear they are willing to risk default to force substantial cuts to programs that create jobs, support…