Lifting the Federal Debt Ceiling Key to Latino Prosperity
Latino families, like African-American and white families, eagerly await a recovery in the U.S. housing market. Their economic security desperately depends on such a recovery, yet the housing market could face another crisis if Republicans in Congress get their way and the federal debt ceiling—the amount that the federal government can borrow—is not raised or not raised in time to prevent the U.S. government from defaulting on its debt obligations. Why? Because interest rates, including those on mortgages, would rise sharply, thus reducing home sales, housing values, and construction jobs.
Read more here.
This article was originally published in Latinovations.
To speak with our experts on this topic, please contact:
Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or firstname.lastname@example.org
Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or email@example.com
Print: Allison Preiss (economy, education)
202.478.6331 or firstname.lastname@example.org
Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or email@example.com
Print: Chelsea Kiene (women's issues, TalkPoverty.org, faith)
202.478.5328 or firstname.lastname@example.org
Print: Beatriz Lopez (Center for American Progress Action Fund)
202.741.6255 or email@example.com
Spanish-language and ethnic media: Rafael Medina
202.478.5313 or firstname.lastname@example.org
TV: Rachel Rosen
202.483.2675 or email@example.com
Radio: Sally Tucker
202.481.8103 or firstname.lastname@example.org