Political Quotes

On the recordSeptember 14, 2021
now, finally, on debt ceiling. In the long history of our country--the long, long history--the United States has never defaulted on its obligations to pay its debt. The full faith and credit of the United States has been the bedrock of our country's economic prosperity--a spotless record that both parties have, for years, worked together to preserve. No matter who was President, Democrat or Republican, in the past, the other party always stepped up to the plate and said: We can't let the country default. Until most recently, when President Trump was in office, Democrats stepped up on three separate occasions to work with Republicans to suspend the debt ceiling and continue to ensure that the U.S. was able to pay its bills, even when there was a Democratic majority in the House. We did not resort to hostage-taking or proclaim that it was the other side's responsibility. We simply knew that when it came to the debt ceiling, it was important to put aside political differences and act responsibly, no matter who sits in the Oval Office. We know that failing to raise the debt ceiling would be--as the Republican leader has said in the past when Trump was President and he was arguing that Democrats should join him, would be a disaster. Well, if anything, that is an understatement.…
Said by
Chuck Schumer
Democratic · New York
Source
govinfo.gov
Sep 14, 2021

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