In approximately 2 weeks, our country will hit its debt ceiling. House Republicans understand that this would be disastrous for our already fragile economy. That is why we took decisive action to address this crisis responsibly and sensibly by passing the Limit, Save, Grow Act. This legislation would not only end the debt limit crisis, but it would also address the root cause of that crisis: Washington's irresponsible spending. Since President Biden took office, the 10-year trajectory on Federal spending has increased by a staggering $10 trillion. While House Republicans have been hard at work crafting solutions to the debt ceiling, this administration and House Democrats have wasted valuable time, putting our Nation's financial stability at risk. Two weeks ago, the White House press secretary flatly said the President is ``not going to negotiate on the debt ceiling.'' That is critical time that could have been spent on negotiations, not political stunts. To make matters worse, President Biden is now leaving for an 8-day trip to Asia as our country teeters on the brink of default. It is time for the other side to stop playing politics. We are out of time. ____________________
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