On the recordJanuary 21, 2013
The Congress created the debt limit as a check on the delegated borrowing power of the President and it is critical that all parties understand the implications of increasing the debt limit.
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congress.govEditor's note · Context
Camp emphasizes the importance of understanding the debt limit's implications.
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The nation deserves a complete understanding of this matter, and as Chairman Camp and I discussed this morning, it is essential that there be a thorough and bipartisan investigation and effective remedial action.
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