OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Fiscal Responsibility Act of 2023

Floor Speech

Date: May 31, 2023
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. LARSON of Connecticut. Mr. Speaker, three times President Biden has had to deal with the Republican-manufactured default crisis around raising the debt ceiling.

Since 1960, Congress has dealt with the debt ceiling 78 times. During the Trump administration alone, it raised the debt ceiling three times without holding the American economy and its people hostage.

President Biden is to be commended for being the adult in the room and providing the leadership to prevent a catastrophic default that hurts the U.S. standing in the global economy and Americans here at home.

That does not excuse the behavior of the Republican majority in the House, who seek to normalize hostage taking in an effort to hurt programs that serve our people the most.

Mr. Speaker, I thank President Biden for protecting Social Security, Medicare, and veterans' benefits. The trust the American people placed in you has been validated again.

BREAK IN TRANSCRIPT


Source
arrow_upward