Lindsey Graham: Failure To Raise Debt Ceiling Would Cause ‘Collapse and Calamity Throughout The World’

Sen. Lindsey Graham (R-S.C.) set himself apart from a number of his Republican colleagues Thursday by taking a stand in favor of raising the federal government’s debt ceiling and acknowledging the possible consequences of not doing so.”Let m…

Sen. Lindsey Graham (R-S.C.) set himself apart from a number of his Republican colleagues Thursday by taking a stand in favor of raising the federal government’s debt ceiling and acknowledging the possible consequences of not doing so.

“Let me tell you what’s involved if we don’t lift the debt ceiling: financial collapse and calamity throughout the world. That’s not lost upon me,” Graham said on CNN, according to ThinkProgress.

The South Carolina Republican made similar comments Sunday on NBC’s “Meet the Press,” saying that it “would be very bad for the position of the United States in the world at large” for the nation to default on its debts.

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