Limit, Save, Grow Act of 2023

Floor Speech

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Mr. MOORE of Utah. Mr. Speaker, I rise today in support of the Limit, Save, Grow Act.

Every time I talk about debt, deficit spending, the budget-- anything--I think about my four boys who are 10 years of age and under. I bring it up a lot, and it drives what I do. It gets me out of bed every single day to be working on this. I just can't hear one more time: Well, let's just raise the debt ceiling, and then let's get to work on this.

It is no longer time for that. We cannot accept not using every single opportunity that we have back here in Congress to address this.

I am in my second term in Congress. I have sat on the sidelines, and I have watched us constantly do this over and over again. I want to see something substantive happen here.

That is what we are doing here today, Mr. Speaker. We are trying to do something substantive.

Our debt exceeds $30 trillion. The optimism of our future depends on what we do over the next 10 years.

We have learned that the outcome is not good for empires that overextend themselves like we have done.

America has done this before, and we are at an inflection point. Our debt to GDP is where it was right after World War II, and for the bulk of the 21st century, we were able to get our debt to GDP down.

We have to take action, and we have to do it now.

Let's use this opportunity like we have done over the last 30 or 40 years when there is a debt ceiling increase that comes up. Let's take advantage of this, and let's find a way to reduce our spending. That is the best way to address our debt-to-GDP ratio, and I know everybody in this Chamber understands that.

We have an opportunity. This spring is our moment, again, to stop debt-fueled spending sprees and give our children a fair shot at success and not a mountain of IOUs.

This act saves $4.8 trillion, it grows our economy and our workforce, and I urge my colleagues to support this bill.

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