WASHINGTON, D.C. –Following today’s Senate passage of the debt ceiling bill, Kentucky Sen. Rand Paul and Utah Sen. Mike Lee offered the following statements:
“I voted in opposition to this bill because it doesn’t do enough to provide a stable solution to our nation’s debt crisis. It never balances, and it will add at least $7 trillion in NEW debt on top of our current 14 trillion. This is not sustainable.
The President called for a ‘balanced approach’ But the American people are calling for a balanced budget. This deal does nothing to fix the overreaches of both parties over the past few years: Obamacare, TARP, trillion-dollar wars, runaway entitlement spending. They are all cemented into place with this deal, and their legacy will be trillions of dollars in new debt.
Americans deserve more from their government than a weak compromise that doesn’t actually cut spending and they deserve better leadership from their President. I will continue to fight every day for fiscal sanity and a solution to our debt crisis”
Utah Senator Mike Lee also voted in opposition to raising the debt ceiling stated: “The Budget Control Act represents a disappointing failure on the part of this Congress. We have squandered the best opportunity we had to fundamentally reform the way Washington spends money and put the nation on a sustainable path toward a balanced budget. Instead, this bill increases our national debt by more than $2 trillion and cuts spending by only $7 billion over the same time period. There is no reliable enforcement mechanism for future spending reductions. We only have the hollow promises from a Congress that created the mess in the first place. The Act contains neither a balanced budget amendment nor any other structural spending reform to end the federal government’s fiscal irresponsibility. Worse, it creates a ‘Super Congress’ with the power to submit legislation that cannot be amended and could raise taxes on the American people. This is not at all what we we’re elected to do.”
-Alan Sexton for Green Mountain Scribes