Mr. Speaker, this process is outrageous. None of us wants to default on the obligations of this country. But we are now 6 months into the new year, and we still do not have a clean debt extension brought to the floor to get us through this year. The last time we took this up a couple weeks ago we were promised by the Republican leadership that this issue would be resolved, that they would make sure that we had a debt extension passed that was acceptable to the President, and that is why they asked for the short-term extension. Now we are back again with another short-term extension. Enough is enough. Let us pass a clean debt extension bill for the remainder of the year, and let us work together, Democrats and Republicans, in order to work out the budget issues. But do not hold hostage the creditworthiness of this Nation. That is what you are doing by another temporary extension for another 2-week extension. How much longer are we going to go through this? We are 6 months into the year. It is time to pass a debt extension for the remainder of this term. Then we can get together and work it out, and we should have done this earlier also, Democrats and Republicans, working together. Has there been any effort made in the last couple of weeks to bring us together? There has not been. But why are we holding the debtworthiness of this Nation hostage? Obviously, we have to support this legislation.
On the recordMarch 7, 1996
Source
govinfo.govEditor's note · Context
Addressing the need for a clean debt extension during a debate on fiscal responsibility.
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