OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Limit, Save, Grow Act of 2023

Floor Speech

Date: April 26, 2023
Location: Washington, DC

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Mrs. KIGGANS of Virginia. Will the gentleman yield?

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Mrs. KIGGANS of Virginia. Mr. Speaker, I thank the gentleman from Pennsylvania for yielding.

Mr. Speaker, I strongly agree with him on Washington's excessive spending. Republicans are ready to lead the way to end the era of reckless government spending.

After only 2 years under the Biden administration, our Federal deficit has grown by over $6 trillion. This is unacceptable for our country but especially for our children, who will inherit this deficit.

However, I also agree that our great Nation cannot default on our debts, and this bill, like all others, must be paid. I support lifting the debt ceiling, but only if coupled with reforms to Washington's wasteful spending in order to repair the inflation crisis and strengthen America's economy.

While the President has offered no plan to avoid default, I am proud to be a part of this new Republican majority that has put forward the Limit, Save, Grow Act, which proposes solutions.

That being said, I do have serious concerns with the provisions of this legislation that repeals clean energy investment tax credits, particularly for wind energy. These credits have been very beneficial to my constituents, attracting significant investment and new manufacturing jobs for businesses in southeast Virginia. The energy production happening in my district will incentivize clean energy solutions here in America and provide jobs for Virginians and energy options for military installations in my district.

For all of these reasons, I do not support the repeal of these clean energy tax credits.

I recognize that this bill is not the final product, but I also understand that it gets us to the negotiating table. I worked hard for a new Republican majority to have a seat at that table.

My ask is for the gentleman's assurance that I will be able to address these concerns as we move forward in those negotiations and advocate for the interests of my district.

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Mrs. KIGGANS of Virginia. Mr. Speaker, I have full faith we can negotiate a final debt ceiling deal that both restores fiscal responsibility and empowers Americans to be good stewards of our Nation's vast natural resources.

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