This week the Democratic and Republican caucuses met with President Obama to discuss the need to increase the debt ceiling. The President said we need to raise the debt ceiling soon, and I agree. Defaulting on our debt is not an option for a great Nation like ours. No one wants to send the economy into another tailspin. Now is the time to restore fiscal discipline. That is what the American people, the global financial markets, and U.S. creditors expect, and that is why I support the attachment of a strong deficit reduction plan to any increase in the debt ceiling. Congress should attach a balanced and broad-based budget plan to the debt ceiling increase. The plan should include smart cuts that would total at least $4 trillion over the next 10 years. The budget agreement should also protect important investments in a strong economic future. We can't delay any longer. We can't pass these tough decisions on to our children and grandchildren. The people we serve sent us here to get this done, and it is time for both sides to do just that. ____________________
Share & report
More from John Carney
I thank the gentleman. Being new at this, I think I was supposed to grab that time in opposition, but I don't oppose this amendment. So I stumbled there for a minute. I rise in support of the technical amendment that is under consideration…
I thank my colleague from Hawaii, one of the other small States. I know you're a delegation of two; we're a delegation of one. I represent the whole State of Delaware. I tell my constituents that we have two Senators and one Member of…
My amendment is simple and straightforward. It would eliminate funding for the $50 million oil and gas research and development program funded through the Department of Energy's fossil energy R&D account. This cut, which the President also…
On rollcall No. 300, had I been present, I would have voted ``yes.'' Stated against:





