Dear MoveOn member,
As you've probably read, Republicans are holding our country's credit hostage and demanding major spending cuts to critical programs without ending tax breaks for the wealthy. If a deal isn't reached by tomorrow night—or a short-term extension isn't passed by then—the nation will default on its debts.
President Obama just announced an agreement with congressional leaders. We want to see what MoveOn members think of the deal. (For more information on the details of the deal, see below.)
Supporting the deal means we would encourage Congress to vote for it and avert default. Opposing the deal means we would encourage members of Congress to vote no and demand that the deal be improved before it's passed.
Can you let us know what you think? Should MoveOn support the deal to raise the debt ceiling?
Here are some arguments for and against the deal:
- Here's a detailed rundown from The Huffington Post on what exactly is in the deal.
- New York Times columnist Paul Krugman calls the deal a "catastrophe on multiple levels."
- The White House, on the other hand, calls it "A Win for the Economy and Budget Discipline."
- Former Secretary of Labor Robert Reich argues "the radical right has now won a huge tactical and strategic victory."
- The New Republic's Jonathan Chait says we won't know who won this debate "until after the fight over the Bush tax cuts has been settled."
Click here to let us know what you think:
Thanks for all you do.
–Justin, Laura, Joan, Kat, and the rest of the team
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