Political Quotes

On the recordApril 25, 2023
In just a few months, the United States is on track to default on its debt for the first time in history. This is because Speaker McCarthy has unveiled a bill that he claims will fulfill our debt obligations, but in reality it will cut access to critical social programs supporting education, food assistance, healthcare, and housing. It would devastate our economy, and we all know it is a dead-on-arrival bill. It will crash our global financial markets. According to Moody's, under McCarthy's legislation, 780,000 Americans will lose their jobs, and our Nation's unemployment rate will surge. We all know that this pain will be borne disproportionately by people of color. Republicans must put an end to this needless political theater and raise the debt limit, as they did three times with no problem under the twice-impeached and newly indicted former President Donald Trump, who signed $4.7 trillion in new deficits into law. Not only that, but they must do so without any cuts or reductions to housing funds given the terrible state of affordability in America. Mr. Speaker, I urge my Republican colleagues who care about our economy--or who say they care about our economy--and the American Dream to get serious and work with Democrats to avert a catastrophic default by supporting a clean bill to raise the debt limit. Mr. Speaker, this should not be about politics.…
Said by
Maxine Waters
Democratic · California
Source
govinfo.gov
Apr 25, 2023

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