U.S. Representative John Boozman (R-AR) today cosigned legislation that would require a roll call vote on any proposal to raise the debt ceiling.
H.R. 4262, the Control America's Purse-strings to Deliver a Better Tomorrow (CAP the DEBT) Act, makes it more difficult to increase the debt ceiling by requiring a two-thirds majority in the House of Representatives and the Senate to authorize any increase in the U.S. national debt ceiling. The legislation also requires a roll call vote on any proposal to raise the debt ceiling and the repeal of the Gephardt Rule, which allows a debt ceiling increase to be included in a joint budget resolution without facing a direct vote.
"We cannot borrow and spend our way back to prosperity. The runaway government spending is only placing future burdens on our children, grandchildren and great-grandchildren. Congress must act responsibly with taxpayer dollars but increasing the debt limit decreases the trust Americans have in their government. Arkansas families are forced to tighten their belts and change their spending habits and Washington needs to do the same," Boozman said.
The CAP the DEBT Act, introduced by Rep. Steve Scalise (R-LA) has more than 60 cosponsors.