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Rep. Ted Budd Statement Opposing Raising Debt Ceiling Over $31 Trillion

Statement

By: Ted Budd
By: Ted Budd
Date: Dec. 14, 2021
Location: Washington, DC
Issues: Monetary Policy Budget, Spending and Taxes

Rep. Ted Budd (R-NC) released the following statement in opposition to raising the debt ceiling by $2.5 trillion:

"It's clear that Congressional Democrats see no limit to the amount of debt they want to hand down to future generations of Americans. This massive raising of the debt ceiling paves the way for our country's debt to surpass $31 trillion. If a main street small business or a family ran their finances this way, they would be bankrupt. The federal government should play by those same rules and operate with efficiency and fiscal responsibility. I cannot participate in enabling Washington's spending addiction."


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