Mr. Speaker, I thank the gentleman from New York and I thank the gentleman from Michigan. Let me start by saying this issue ought not to be subject to debate. America, the greatest land on the face of the Earth, and one of the most successful economic countries in history, ought to pay its bills. I can't believe there is any American who thinks that America should or would welch on that which it owes. That is not a very sophisticated argument. I can make a more sophisticated argument, but when it comes down to it, that is the issue: will America pay its bills? Will it give confidence to the investor community? Will it give confidence to the business community? Will it give confidence to our own citizens? Indeed, will we give confidence to the world that the world's leader can manage its own affairs responsibly? I want to join Leader Pelosi in congratulating the Speaker for bringing this bill to the floor. He brings it to the floor because he knows, as I have just said, there is no alternative for America but to pay its bills. He brings it to the floor because he knows that if he doesn't, the business community is going to think that the majority party in this House cannot manage the affairs of the United States of America in a responsible fashion. Lamentably, he brings it to the floor, apparently, with some doubts as to whether or not those who have elected him Speaker will follow him in taking a responsible path.…
On the recordFebruary 11, 2014
Share & report
More from Steny Hoyer
Dec 5, 2023
Mr. Speaker, many years ago there was a rule adopted called the Holman rule. It allows the arbitrary and capricious cutting of a salary if you don't agree with what the person does. It is somewhat like if the Speaker of the House, who…
Nov 9, 2023
Mr. Chair, I have great respect for my friend from Missouri, and it seems to me that this is a very serious matter that she has raised. It is also my belief that it ought to be considered in the context of the Financial Services Committee…
Mar 19, 2024
we need investment in this area, and as we need investment, we need accountability.
Mar 19, 2024
Antisemitism is a cancer on the international global community now, increasing at a faster rate than any time since World War II.





