Today I will be introducing legislation to require a separate vote before we raise the debt ceiling. A lot of my colleagues will ask, why is this legislation necessary? Because often we allow the practice of raising the debt ceiling, the debt limit, to continue without a recorded vote. It is hidden within the budget resolution and passes without notice and, of course, without a vote. Initially, this rule was added in the 96th Congress by public law and was originally applicable to concurrent resolutions on the budget for fiscal years beginning on or after October 1, 1980. The rule was amended in the 98th Congress to reflect the enactment into law of a new permanent rather than temporary debt limit. The rule ties a passage of a concurrent budget resolution to an increase or a decrease in the limit of the public debt. Legislation to repeal Rule XXIII would simply force Congress to vote separately on any increase in the public debt limit. Repealing this rule would simply force a floor vote on an increase or a decrease in the public debt; and this is a positive move, I think, for all of Americans. Again I pose the question: Why is this so important we have such a vote? If we do not pass and repeal this Rule XXIII, we will continue to raise the debt limit with no type of accountability.
Cliff Stearns: “Today I will be introducing legislation to require a separate vote before we raise the debt ceiling. A lot of my…”
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Introducing legislation to require a separate vote before raising the debt ceiling.
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