LOUISVILLE, KY (WAVE) - Higher interest rates, lost benefits like Social Security and Medicare. Those are some of the fears which are rising as the clock ticks to Tuesday's deadline. The debate over how to fix the problem has some people taking to the streets in protest.
Friday morning, we caught up with protesters in downtown Louisville who were literally screaming for lawmakers to get something done. Some people told us they were simply fed up with the government's handling of the debt ceiling debate.
Tending to her gardens, 70-year-old Minnie Gorin said she and her husband have called their house off New Cut Road home for years. Both Gorin and her husband draw Social Security and she said they depend on those checks.
Social Security makes up three-quarters of her income and helps make sure she has a home. That's why you can bet the debt debate is on her mind.
"We need to stop the insanity in Washington, D.C." said Gorin.
What has Gorin worried is what will happen if lawmakers don't reach a deal by August 2.
"We could all end up in a homeless shelter," Gorin said as she paused watering her sprouting vegetation.
That's why Gorin joined dozens of others as they protested the government's handling of the situation.
Virginia Jordan was also part of the protest. The 31-year-old from New Albany said she worries about the big picture, plus what the debate means for her student loans.
"I have a lot of fear about the effect on our economy," said Jordan. "I think we could be looking at even worse economic collapse and we're trying to find employment and I have student loans. I think everyone's going to be affected if we don't pass the debt ceiling."
Jordan said Congress needs to come to an agreement that is not tied to every other issue on their agendas.
"They just need to get this debt ceiling issue dealt with," she said.
It's a statement even some lawmakers would agree with.
"Lawmakers should be working a solution to this crisis, not a blocking strategy," Sen. Mitch McConnell (R-KY), the Senate minority leader. "Our Democrat friends here in the Senate have offered no solutions to this crisis that could pass either chamber."
Rep. John Yarmuth (D-KY 3rd) released a statement Friday saying, "It's clear constituents want shared sacrifice so they can protect their Social Security and Medicare."
Yarmuth said House Speaker John Boehner's plan spares the wealthy. Gorin said she has her own solution.
"The government needs to extend their debt limit so they can borrow enough money to pay their bills and create some jobs."