Fiscal Responsibility Act of 2023

Floor Speech

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Ms. DelBENE. Mr. Speaker, I rise today in support of the Bipartisan Budget Agreement. This deal will protect American families and our economy from a devastating default on our Nation's bills in just 5 days. It will also shield our veterans, seniors, law enforcement, and schools from the worst of the extreme demands my Republican colleagues issued while holding our economy hostage.

This deal is far from perfect, but we can't allow perfect to be the enemy of the good when the stakes are this high. A default would mean an immediate recession, millions of jobs lost, devastated retirement accounts, and higher borrowing costs for Americans.

Compromise means that no one gets everything they want, so we have a choice between a catastrophic outcome or a chance to move forward with a bipartisan compromise. The worst outcome here would be a default.

Mr. Speaker, let's get this done and over to the Senate so we can take default off the table.

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