Congressman Steve Scalise and other members of Congress have been pressuring House Speaker Nancy Pelosi to strip the proposal to increase the national debt ceiling from the Defense Appropriations bill. Scalise held a press conference last week calling on Speaker Pelosi to let the defense bill stand on its own, saying the bid to attach the debt limit increase to troop funding shameless. This week the debt increase was pulled from the defense bill and the amount was cut.
"It is clear that Speaker Pelosi and her liberal lieutenants are finally feeling the heat from our calls to restore fiscal discipline in Washington," Scalise said. "While the liberals running Congress continue to go on a reckless spending spree, we were at least successful in forcing them to scale down their debt increase and stop them from throwing it onto the backs of our troops. Now the American people have a stand alone vote on the debt ceiling increase, and they can hold Members of Congress accountable who went along with Pelosi to pile another $290 billion in debt onto the backs of our children and grandchildren."
Scalise was joined by House Republican Whip Eric Cantor (VA) and House Republican Conference Chair Mike Pence (IN) among others at his press conference where they unveiled his legislation to CAP the DEBT. H.R. 4262, the Control America's Purse-strings to Deliver a Better Tomorrow (CAP the DEBT) Act currently has more than 70 co-sponsors.
The CAP the DEBT Act, H.R. 4262, would do the following:
* Require a two-thirds majority in the House of Representatives and the Senate to authorize any increase in the U.S. national debt ceiling.
* Require a roll call vote on any proposal to raise the debt ceiling.
* Repeal the Gephardt Rule, which allows a debt ceiling increase to be included in a joint budget resolution without facing a direct vote.
In Case You Missed It
Friday, December 11, 2009
Republicans Try to Put a Freeze on Debt Limit, as Democrats Call for $1.8T Hike
"Scalise called on Pelosi Friday to let the defense bill stand on its own, calling the bid to attach the debt limit increase to the troops funding shameless."