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Garrett: Reid "Plan" is Not Credible Solution to Debt Crisis

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Date:
Location: Washington, DC

Rep. Scott Garrett (R-NJ), Vice Chairman of the House Budget Committee and Chairman of the Budget and Spending Task Force for the Republican Study Committee (RSC), issued the following statement today after voting against Senator Reid's "plan" to raise the debt ceiling:

"Senator Reid's "plan' is not credible and he knows it. He could have brought it up for a vote in the Senate yesterday, but he refused to because he knows it won't work. Not only does it fail to address our spending and debt problem, it won't even prevent a downgrade of our credit rating. We need actual cuts to government spending to address our long-term debt crisis, not phantom cuts and accounting gimmicks. Senator Reid needs to stop dragging his feet in the Senate so that we can finally come to a resolution to this national crisis. The House has now voted on two separate proposals to cut spending and pave the way for a balanced budget amendment to the Constitution. It's time for the Senate to follow suit."


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