Stutzman Comments on Upcoming Debt Limit Vote

Statement

Today, Congressman Marlin Stutzman (IN-03) discussed the upcoming vote to increase the "Debt Ceiling' by $2.4 trillion from $14.29 trillion to $16.7 trillion. H. R. 1954 the bill to "implement the President's request to increase the statutory limit on public debt' to cover our $1.6 trillion budget shortfall will be voted on later this evening and is expected to fail with both Democrats and Republicans voting against. The bill would fulfill the requests of the Democrat leadership to have a vote on a "clean" bill or a bill that raises the debt ceiling without spending cuts or any other mechanism to control deficits.

"Increasing the "debt ceiling' cannot be discussed in a vacuum." Stutzman stated "I will vote no for increasing the "debt limit' as the out of control spending of Washington must be curtailed before we even discuss an increase. If Congress cannot come to an agreement on increasing the public debt then Secretary Geithner will have to look into prioritizing our National debt. Prioritizing the "debt' will allow for Social Security, the Military and Veteran's Affairs to maintain their programs and not affect those that depend on them. The President must come to the table with budget reforms; he doesn't understand the financial situation the Nation is in. So far only the House has written and passed a budget."


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