I thank the gentleman for yielding. There is no common ground here, nor was it sought. We find ourselves at an unprecedented place today. America stands on the brink of default. It stands there, my friends, because the leadership of this House has failed to act in a timely and responsible way. This is an unprecedented status for America, an intolerable place, and Americans are understandably outraged at this politically caused impasse that confronts us, the consequences of which for every American and our country have been correctly characterized as ``catastrophic.'' For more than two centuries, an American default has been unthinkable. The men and women who came before us in this Chamber built up the full faith and credit of the United States until it became the bedrock of the world's economy. Despite their differences, they agreed that the honor that comes from paying our bills responsibly and on time was a moral obligation. Now our Nation is on the verge of breaking that trust. If America fails to pay its bills and default comes, the wound to the global economy, to jobs across this country, to our standing among nations, that wound will be entirely self-inflicted. It cannot and must not come to that.…
Share & report
More from Steny Hoyer
This is another unserious amendment. We have had over 50 of these. Every one that has been put to a roll call vote has lost, and this one will, as well, I hope. Mr. Chair, I reserve the balance of my time.
There are 4 legislative days left in 2023. Yesterday, I spoke from the well about the need to provide critical aid to Ukraine and Israel--just as I did the week before, just as I did the month before, just as I will continue to do until we…
Again, I thank the gentlewoman for her observations and concern because, obviously, the conclusion that she makes would be of concern to all of us. I simply suggest that this is not the proper place for us to give the analysis and assess…
Well, I will be half as articulate about it. Mr. Chairman, I reserve the balance of my time.





