Sheldon Whitehouse: “The bill, actually, is required to raise the debt limit by $5 trillion. So, in reality, there is a huge hit to our debt…”

“The bill, actually, is required to raise the debt limit by $5 trillion. So, in reality, there is a huge hit to our debt, huge additions to our deficit. And it makes me a little bit frustrated to think back to all those lectures that I had to receive as budget chairman, which the Senator from Maryland witnessed as a longtime member of the Senate Budget Committee, which the ranking member witnessed in his time on the Budget Committee, and which Senator Murray experienced when she chaired the Budget Committee. We have been lectured to death by our colleagues. And at the very first instance when they had the power to do something about it, they went 180 in the other direction and are cranking the national debt in order to give big benefits to the rich people who fund their campaigns.”