Debt Ceiling Crisis

Floor Speech

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Mr. SCHNEIDER. Madam Speaker, we stand on the precipice of a self- inflicted crisis precipitated by Speaker McCarthy's loyalty to the most extreme members of his caucus. These far-right members are refusing to negotiate in good faith. They have continuously moved the goalpost time and time again.

Now there is no time to spare. Seven days until we reach X-date. We need an agreement now to raise the debt limit and to take it off the table for future hostage holding.

We would all love to be with our families right now, to be home for the weekend, celebrating and marking and observing the solemn occasion of Memorial Day. Our constituents would like to see us there, but they need us here.

Democrats stand ready to do what is necessary. Republicans have all gone home.

As we mark the memories of those who served our country, who made the ultimate sacrifice, let us think of the sacrifice we are willing to make to put America's full faith and credit back in good standing.

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