Today U.S. Senator John Cornyn (R-TX) issued the following statement after voting against the debt limit legislation:
"President Obama's failed tax-and-spend agenda continues to sink us deeper and deeper in the red and he does not deserve another blank check to spend Texans' hard earned money.
"I remain committed to implementing the spending cuts and structural entitlement reforms needed to secure the long-term fiscal integrity of our country. The time to act is now."