Fiscal Responsibility Act of 2023

Floor Speech

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Mr. BEYER. Mr. Speaker, I rise in support of this imperfect bill.

Mr. Speaker, look, I would have much rather voted for a clean debt limit increase as we did three times under the previous President. I do believe it is profoundly wrong that Republicans chose to hold our economy hostage, using the American people as leverage to demand concessions, and it was unnecessary.

We are in a divided House. They have all the leverage they need to negotiate this through the regular appropriations process.

Our values sometimes overlap, but they don't here when they want to protect the wealthiest tax cheats and we just want everyone to pay their fair share.

Look, President Biden and his negotiating team worked skillfully and successfully to prevent a majority of the draconian tax cuts. This bill could have been so much worse, but it would be a catastrophe if we didn't pass it.

Mr. Speaker, I will vote ``yes,'' and I continue to urge my colleagues to permanently abolish the debt ceiling, which could cause a real disaster someday soon if we don't get rid of it.

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