Bipartisan Budget Act of 2019

Floor Speech

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Mr. NEAL. Mr. Speaker, last week the Democrats helped secure a strong bipartisan budget agreement that includes suspending the debt limit until July 31, 2021.

The measure ensures that we will avoid a default on the full faith and credit of the United States and can follow through on our financial obligations.

All of us were elected to help America's working-class families. This agreement is another tool to help them. In particular, it sets the stage for responsible budgeting and ends sequestration. It also includes funding for an accurate census, veterans, Child Care Development Block Grants, tools to address the opioid epidemic, and increases in NIH funding.

Extending the debt limit keeps our nation's finances on stable ground--unlike what the Republicans did in 2011, 2013 and 2015. I applaud the Speaker and all our colleagues involved in crafting this measure, and I encourage everyone to support it. A `yes' vote is responsible, provides certainty to our nation's markets, and delivers stability to Americans' retirement savings as well as our nation's economy.

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