Fiscal Responsibility Act of 2023

Floor Speech

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Mr. MEUSER. Mr. Speaker, I thank the chairman very much for yielding.

Mr. Speaker, while the Fiscal Responsibility Act is not perfect and God knows we need serious corrections, but there are at least ten conservative American provisions in this bill that will benefit our economy and advance a higher level of fiscal responsibility.

Let's be honest, this is the most conservative bill that can pass with a Biden White House and a Schumer Senate. The Fiscal Responsibility Act stops the excessive spending, stops the bleeding, and adds to our workforce with work requirements. It includes the most important Federal and environmental permitting reforms in 40 years.

Don't take my word for it. This is coming from the Associated General Contractors of America, the American Petroleum Institute, the Marcellus Shale Coalition, and the National Association of Manufacturers.

Virtually every small business association, every group committed to sound, fiscal policy, such as Americans for Tax Reform and Americans for Prosperity have endorsed this legislation. This bill reins in the Biden administration's executive order spending which accounted for over $1 trillion in spending over the last 2 years.

There is also a reduction of the IRS for $20 billion, it protects Social Security, and all the while we will avoid a catastrophic default. I urge support of this bill.

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