House rejects bill to raise U.S. debt
ceiling by vote of 97-318
Congressman Boehner on Debt Limit Vote…
“Tonight’s Vote Shows the House Is Listening to the American People”
PERMALINK | WASHINGTON, D.C. – Congressman John Boehner (R-West
Chester) released the following statement after the House of
Representatives rejected a plan by President Obama that would threaten
American jobs by raising the debt limit without making significant
spending cuts and budget reforms:
“Tonight’s vote shows the House is listening to the American people.
The Obama Administration and congressional Democrats have repeatedly
asked for a debt limit hike without any spending cuts and budget
reforms, and the American people simply will not tolerate it. Raising
the debt limit without major spending cuts and meaningful reforms would
hurt our economy and destroy more jobs, adding to our debt crisis.
Today the House stood with the American people and said very clearly
that this course of action is unacceptable. Republicans have passed a
budget and outlined a pro-growth job creation plan that pays down our
debt over time. We need to create a better environment for
private-sector job growth by stopping Washington from spending money it
doesn’t have, not by raising taxes and adding more debt onto the backs
of our kids and grandkids.”
NOTE: According to Resurgent Republic, a recent survey showed
“President Obama’s request to raise the federal debt limit without any
preconditions related to limiting spending” is “opposed by 9 in 10
voters.” Stanford economist John B. Taylor says “linking the debt limit
to spending reductions” is “essential to a credible return to sound
fiscal policy and an end to the ongoing debt explosion.”
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