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Saturday, November 23, 2024

Rosendale Releases Statement Opposing $4 Trillion Debt Ceiling Increase

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Representative Matthew M. Rosendale, Sr | Official U.S. House headshot

Representative Matthew M. Rosendale, Sr | Official U.S. House headshot

WASHINGTON, D.C. – On June 4, 2023, Congressman Matt Rosendale (MT-02) released the following statement on the Fiscal Irresponsibility Act.

“The D.C. Swamp has proposed the largest debt ceiling increase in our nation’s history, adding $4 trillion to the existing $31 trillion national debt,” said Rep. Rosendale. "The Fiscal Irresponsibility Act fails to cut spending and continues to fund the Democrats’ and Biden Administration’s radical agenda. It is frankly an insult to the American people to support a piece of legislation that continues to put our country’s financial future at risk. Montanans did not send me to Washington to support business as usual, which is why I will be voting AGAINST the Fiscal Irresponsibility Act."

On April 26th, Rep. Rosendale voted in favor of the Limit, Save, Grow Act, which was written to create economic growth while minimizing the damaging inflationary consequences of reckless spending. On May 25th, Rep. Rosendale signed a letter with 34 other House Republicans urging Speaker McCarthy to hold the line and fight for every policy in the legislation. The American people expect House Republicans to deliver on the promises made in the Limit, Save, Grow Act and put an end to Washington's reckless spending addiction.

Read the full letter here.

The Emerging debt deal lacks key provisions of the Limit, Save, Grow Act, including:

· Full elimination of 87,000 new IRS agents

· Elimination of massive IRA green energy subsidies

· Elimination of the $400 billion student loan redistribution program

· Does not freeze spending at FY2022 levels

Original source can be found here.  

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